Ryan Specialty Group (RSG) has announced that it has acquired the assets and operations of Myron F. Steves & Company, a Texas-based wholesale insurance brokerage. RSG originally announced its intent to acquire Myron Steves last month.
Myron Steves is headquartered in Houston, with additional offices in Austin, Dallas and San Antonio. The company has become part of RT Specialty, RSG’s wholesale brokerage unit. The acquisition expands RT Specialty’s presence in Texas, strengthening its presence in Dallas and Houston and establishing offices in Austin and San Antonio.
Myron Steves’ specialties include commercial property and casualty, professional liability, healthcare, transportation, and personal lines.
Terms of the transaction were not disclosed.