Develop a specialty in the insurance business and you will never have to worry about staying employed, Patrick G. Ryan, founder and former chief executive of the insurance-brokerage firm Aon, declared during a Feb. 16 address in New York.
Speaking at the 16th Annual Industry Leaders Luncheon sponsored by the Eastern Chapter of the Professional Liability Underwriting Society (PLUS), Ryan, current chairman and CEO of Ryan Specialty Group LLC, said the insurance industry remains “a great industry,” offering lots of opportunities for individual success for budding entrepreneurs.
Ryan, who founded the wholesale brokerage firm RSG in 2010 after a brief retirement, said he started up RSG because the insurance industry continues to offer an entrepreneur great opportunities—and being an entrepreneur himself, he could not escape the pull of starting a new business again.
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