Ryan Specialty Group says it has acquired Global Special Risks,a provider of product offerings for the Energy and Marine marketsin London and North America.

Global Special Risks (GSR) is a specialty underwriting managerassociated with Willis North America, a part of Willis GroupHoldings.

Terms of the deal were not disclosed. Ryan Specialty says GSRwill become a part of RSG Underwriting Managers.

Patrick G. Ryan, RSG’s chairman and CEO, says the purchase ofGSR “brings a unique perspective to our specialty-insuranceofferings, providing our clients with an efficient underwritingplatform and product-distribution network of high-quality,front-end services for Energy and Marine clients.”

GSR, formed in 1979, offers products such as Well Control,Comprehensive General Liability, Excess Liability, Contractor’sEquipment, Professional Liability, Business Interruption, Cargo andMaritime Employer’s Liability, among others.

In September of last year RSG enteredthe Lloyd’s market with the completion of its purchase ofJubilee Group Holdings Ltd., a managing agency andspecialist-underwriting distribution and insurance-servicebusiness.