Ryan Specialty unifies its subsidiaries under MGU RFL, expanding product offerings

Ryan Specialty has unified its Ryan Financial Lines (RFL), its international financial lines managing general underwriter, launched in December 2023 and expanded its product offerings, with the first phase implemented in March 2024 with EmergIn Risk rebranding into RFL Cyber.

RFL has now completed the rebranding, and unifying operations of StartPoint, Ryan Specialty Nordics, Capital Bay and the three professional liability programmes of Ryan Specialty National Programs platform.

This MGU consolidation into Ryan Financial Lines serves to offer a full suite of financial lines products and services on a single platform to support clients, bring a holistic approach, and implement an international strategy.

The rebranding coincides with the activation of the new international facility, providing RFL with a $10 million line to underwrite management, financial, and professional lines across Europe, London, and Latin America.

The facility expands RFL’s ability to quote international financial institutions and professional indemnity, support Europe, and introduce a new London operation to the international reinsurance network.

Simultaneously, after rebranding, RFL Cyber also secured a new three-year binder capacity agreement with an AM Best “A” rated carrier which includes delegated claims authority to co-ordinate and manage Cyber and Media Claims on the binder.

This long-term commitment of capital providers reinforces RFL’s stability and commitment to meeting the needs of its broker clients.

The expansion has led to the expansion of some responsibilities and addition of new key hires, Patrick Mitchell with over two decades of underwriting experience, has been named Chief Underwriting Officer. Brooke Tanner leads the Claims operation for all of RFL.

For the RFL Cyber practice, George Paraskeva oversees all of RFL Cyber, with Conor Houlihan leading UK Cyber and Ryan Kratz heading US Cyber. Pascal Alvarez is expanding upon his LatAm responsibilities to lead the international RFL Facultative strategy.

Sverker Edstrom and Mark Peeters will oversee the expansion of geographic and product opportunities as heads of RFL Europe and London, respectively. Sue Harker and Dana Lyn Pound continue to lead their respective A&E, Accountants, and IAB facilities within the US market.

Jamie Bouloux, Chief Executive Officer of Ryan Financial Lines, commented: “This team represents some of the best talent in the insurance industry, and we look forward to continuing to provide excellent service and innovative solutions to our clients and trading partners under the Ryan Financial Lines brand.”

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