CHICAGO--(BUSINESS WIRE)-- Ryan Specialty Group Holdings, Inc. (NYSE: RYAN) (“Ryan Specialty”), a leading international specialty insurance organization, today announced that its Chairman and Chief Executive…
CHICAGO--(BUSINESS WIRE)-- Ryan Specialty Group Holdings, Inc. (NYSE: RYAN) today announced its plans to officially change its name to Ryan Specialty Holdings, Inc. effective June 6, 2022. The ticker symbol RYAN…
Founded by Patrick G. Ryan in 2010, we are a service provider of specialty products and solutions for insurance brokers, agents and carriers. We provide distribution, underwriting, product development, administration and risk management services by acting as a wholesale broker and a managing underwriter. Our mission is to provide industry-leading innovative specialty insurance solutions for insurance brokers, agents, and carriers.
The core culture of Ryan Specialty’s business is one which incorporates and reflects environmental, social and good governance initiatives, and we seek to maintain programs to promote diversity, equity and inclusion, environmental awareness, and employee and community engagement. Furthermore, insurance in and of itself performs a critical social function as it facilitates commerce, protects assets for individuals and corporations, and enables not-for-profits and social service organizations to function.
Ryan Specialty recently received the Diversity & Inclusion Initiative of the Year Award from Business Insurance at their 2021 U.S. Insurance Awards for its collaboration with the R.I.S.E. Opportunity Foundation (R.I.S.E.). The award recognized Ryan Specialty’s work as 2021’s most notable effort to promote diversity in the commercial insurance industry.
Ryan Specialty’s initiative with R.I.S.E. centers on increasing diversity in the risk management and insurance (RMI) industry through promoting the recruitment, training, and placement of underrepresented members of our society throughout all levels of the commercial insurance industry workforce. This program’s initial step is the establishment of an RMI training, mentoring, and internship program for underrepresented minority students at select high schools and historically black colleges and universities.
The cornerstone of this initiative is a $2.5 million gift from the Ryan Family Foundation to support the development of the Patrick G. and Shirley W. Ryan Risk Management Institute at Fisk University. The R.I.S.E. Opportunity Foundation has also partnered with the Spencer Educational Foundation, a leading industry non-profit dedicated to fostering the next generation of diverse and talented risk management and insurance professionals.