Ryan Specialty has named Stephen Stewart as CEO of its new Canadian holding firm after finishing a merger of native underwriting operations.
The US specialty insurer mentioned that Stewart, at present president and CEO of Stewart Specialty Threat Underwriting, will tackle the extra place at Ryan Specialty Canada, primarily based in Toronto.
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Commenting on his appointment, Stewart mentioned: “Finishing the amalgamation and establishing Ryan Specialty Canada Restricted is a crucial milestone for our enterprise. It formalises the construction wanted to help long-term development in Canada and positions our groups to higher serve brokers and buying and selling companions nationwide.”
The newly created entity combines the group’s Canadian managing normal underwriting (MGU) companies: Alive Threat, International Particular Dangers, PERse (Energy. Power. Threat.), Ryan Transactional Threat, Stewart Specialty Threat Underwriting, Technical Threat Underwriters and Trident Marine Managers.
Alongside his expanded tasks, Stewart will proceed working Stewart Specialty Threat Underwriting.
He’ll oversee the build-out of the Canadian platform whereas the corporate proceeds with the authorized integration, which is being carried out throughout underwriting, operational and help groups to type a single construction.
Ryan Specialty mentioned Stewart will information the continued enlargement of its Canadian operations whereas retaining the underwriting self-discipline and specialist method related to its current models within the nation.
The group added that the amalgamation completes the consolidation of its Canadian underwriting administration actions below the brand new holding firm.
Individually, the corporate famous that its underwriting arm, Ryan Specialty Underwriting Managers, launched an MGU in December 2025 aimed toward public sector threat within the US.
Working as Ryan Specialty Public Entity, the enterprise supplies casualty and auto bodily injury cowl for publicly owned, tax-funded organisations, providing each insurance coverage and reinsurance choices.
Its companies are supposed for a variety of government-linked our bodies together with cities, counties, municipalities, college districts, particular districts, state and native authorities, cities, state universities and villages.
