Ryan Specialty unit merges divisions, launches Celerity Risk

Ryan Specialty Underwriting Managers announced Tuesday it merged CorRisk Solutions, its U.S. wholesale division of Ryan Financial Lines, with Celerity Pro, a part of recently acquired Innovisk Capital Partners, to launch Celerity Risk, which will offer financial professional liability services to small and middle-market accounts.

Tom Nash, who was president of CorRisk Solutions, will be Celerity Risk’s co-president and head of professional liability. Carl Pursiano, a founder and president of Celerity Pro, will be co-president and head of management liability at Celerity Risk, Chicago-based RSUM said.

Celerity Risk will also have a cyber team offering underwriting services and solutions for various industries and businesses. Simon White will lead the cyber team and report to Ryan Kratz, the New York-based U.S. practice lead for cyber and technology at Ryan Financial Lines.

RSUM is the specialty underwriting segment of Ryan Specialty.