March 15, 2021 | Chicago, IL – Ryan Specialty Group is pleased to announce the new formalized leadership structure for Ryan Re Underwriting Managers, LLC (Ryan Re), subsidiary of Ryan Specialty Group, LLC. Ryan Re was founded in 2019 to specialize in North American Property and Casualty treaty reinsurance and underwrites on behalf of Nationwide (AM Best A+ XV, S&P A+). This structure reflects the true collaboration of its principles and their active involvement developing Ryan Re as a premier broker reinsurance market.
Effective immediately, the executive leadership team for Ryan Re is as follows:
- Brian Boornazian – Executive Chairman
- Emil Issavi – Chief Executive Officer and President
In these leadership roles, both Brian and Emil will continue to be actively engaged in all aspects of Ryan Re’s management, underwriting and business development.
Patrick G. Ryan, Chairman and CEO of Ryan Specialty Group, said about the formalized leadership for Ryan Re, “These executives are exceptional and have developed Ryan Re from its incubator stage to a thriving, ongoing entity. Through Brian and Emil’s leadership with strong support from our partners at Nationwide, in less than two years Ryan Re has established itself as a premier market for North American Property and Casualty treaty business. We want to thank our clients and brokers for the tremendous support and look forward to expanding our relationships.”
In addition to the above executive positions, Ryan Re has appointed Steve Capodanno as Chief Operating Officer. Steve will continue to retain his responsibilities as Head of Claims in addition to his new role.
For additional information, please contact:
About Ryan Specialty Group, LLC
Founded in 2010, Ryan Specialty Group, LLC is a leading international specialty insurance organization, which offers wholesale brokerage services, delegated underwriting expertise in the form of binding authorities, programs, and highly specialized managing general underwriting companies, and other services designed specifically for brokers, agents and insurers. Ryan Specialty Group’s mission is to provide innovative, cost effective and efficient solutions for our clients and insurance carriers to benefit their insureds. ryansg.com
About Ryan Re Underwriting Managers, LLC
Ryan Re Underwriting Managers, LLC, is a subsidiary of Ryan Specialty Group, LLC, specializing in underwriting management and other services for reinsurance products. ©2021 Ryan Specialty Group, LLC
Any carrier ratings contained herein are as of March 11, 2021. A.M. Best ratings are under continual review and subject to change. To confirm the current rating, please visit www.ambest.com.