An economy showing mixed signs of recovery would hardly seem theoptimum time to launch a business. Nevertheless, two majorwholesale insurance brokerages were launched this year and thehigh-profile entrepreneurs running them spoke with the optimism andspirit associated with the pre-recession, high-flying years.
Ryan Specialty Group (RSG), the latest creation of Aon-founderPatrick G. Ryan, consists of a handful of specialty-servicesubsidiaries that cater to existing and evolving wholesale markets.Its wholesale brokerage, Ryan-Turner Specialty (R-T Specialty), isled by President Timothy Turner, a former president of CRCInsurance Services.
This year's other major launch,MarketScout Wholesale (MSW), is led by Glenn Hargrove, former CEOof Crump. MSW uses a multitiered distribution model that includesthe retail insurance exchange built by its affiliateMarketScout.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
