Ryan Specialty Holdings Inc.

09/19/2024 | Press release | Distributed by Public on 09/19/2024 15:08

RT Specialty Announces Leadership Team Appointments


SEPTEMBER 19, 2024 | CHICAGO, IL - Ryan Turner Specialty ("RT Specialty"), a leading wholesale distributor of specialty insurance products and services and the wholesale broking specialty of Ryan Specialty (NYSE: RYAN) is pleased to announce the following leadership team appointments. These leadership positions are effective October 1, 2024, and demonstrate the depth of talent at RT Specialty while positioning the firm for continued advancement and success.

  • Seth Johnson will become CEO of RT Binding Authority. Seth has been with RT Specialty since 2019 when he joined the firm through the Atlantic Specialty Lines acquisition and has been President of RT Binding since 2021. Under Seth's leadership, RT Binding has experienced explosive growth while producing profitable business for our carrier trading partners. RT Binding is composed of three underwriting specialties including commercial lines, personal lines and transportation.
  • Jonathan Reiner will become CEO of RT Specialty's National Professional and Executive Liability Practice (RT ProExec). Rachelle Best, Chris Pass and Patrick Richmond will remain as Presidents of RT ProExec. Jonathan has been with RT Specialty since its inception in 2010 and will continue in his role as a broker / team leader of his brokerage production team.
  • Hugh Mooney will become President of RT Specialty's National Property Practice and maintains his role as Regional Executive Vice President. Brenda Austenfeld will remain as CEO of RT National Property. Hugh joined RT Specialty with the acquisition of All Risks in 2020 and has been a wholesale insurance expert for over two decades.
  • Ryan Grimes will become President of RT Specialty's National Casualty Practice and maintains his role as Regional Executive Vice President. Chris Houska will remain as CEO of RT National Casualty. Ryan joined RT Specialty with the acquisition of All Risks in 2020 and has been a wholesale insurance expert for over two decades.
  • Leah Ohodnicki will assume the newly created role of Executive Vice President, Carrier Relations, and will lead the firm's efforts with RT Specialty's carrier trading partners. Leah joins us from Ethos P&C and has nineteen years of insurance industry experience.
  • Marya Propis will remain Executive Vice President, Retail Distribution, a position she has held for nearly three years. Marya has been instrumental working with the executive leadership team and national practice leaders, as well as the brokerage and underwriting field teams to further expand our market presence and deepen our relationships with retail and network clients.
  • Tim Lomas will become Executive Vice President, Finance. Tim has been with RT Specialty for almost nine years and has made continuous impactful contributions to RT Specialty during this time, including development of comprehensive production tools to support retail client and market relationships. In his new role, Tim will expand into strategic responsibilities while maintaining his commitment to process improvement and client service.

These appointments follow Ryan Specialty's recent announcement of the RT Specialty Executive Leadership promotions, also effective October 1, 2024, which can be found here. With Tim Turner's transition to CEO of Ryan Specialty and Chairman of RT Specialty, Ed McCormack's promotion to CEO of RT Specialty, and Brenda (Ballard) Austenfeld's and Michael VanAcker's promotions to Co-President of RT Specialty on October 1, the firm is excited about RT Specialty's future under this newly established leadership team.

About RT Specialty

RT Specialty is a leading wholesale distributor of specialty insurance products and services and the wholesale broking specialty of Ryan Specialty. The firm's specialist brokers handle an expansive mix of property, casualty, professional lines, transportation, personal lines and workers' compensation insurance products, on both an open market and delegated authority basis. RT Specialty's entrepreneurial spirit is combined with advanced risk modeling, market access, and claims advocacy to provide excellent solutions to its clients. Regardless of account size-big or small-RT Specialty is dedicated to providing lightning fast, expert advice, advocacy and execution on behalf of our retail broker clients. Learn more at rtspecialty.com.

About Ryan Specialty

Founded in 2010, Ryan Specialty is a service provider of specialty products and solutions for insurance brokers, agents, and carriers. Ryan Specialty provides distribution, underwriting, product development, administration, and risk management services by acting as a wholesale broker and a managing underwriter with delegated authority from insurance carriers. Our mission is to provide industry-leading innovative specialty insurance solutions for insurance brokers, agents, and carriers. Learn more at ryanspecialty.com.

Contacts:

Media
Alice Phillips Topping
Chief Marketing & Communications Officer
Ryan Specialty
[email protected]
(312) 635-5976

Investor Relations
Nicholas Mezick
Director, Investor Relations
Ryan Specialty
[email protected]
(312) 784-6152