Ryan Specialty Group completes Oxford Insurance acquisition

Ryan Specialty Group completes Oxford Insurance acquisition | Insurance Business

Ryan Specialty Group completes Oxford Insurance acquisition
We first told you about it over a week ago, but now the finishing line has been crossed on Ryan Specialty Group’s (RSG) deal for Oxford Insurance Services.

The wholesale insurance brokerage, headquartered in Houston, Texas, has become part of RT Specialty LLC, the wholesale brokerage unit of RSG. The firm is already established as one of the largest wholesalers in the region serving brokers throughout the United States with a particular focus on the construction, energy and environmental markets.

Now, RSG is confident it can take the brokerage to even greater heights, noting in a release that it provides “best in class service to its clients and markets,” and adding that it thrives on finding “alternatives for difficult to place insurance risks.”

Oxford has enjoyed more than $1 billion premiums placed since its inception and has been led by Matt Galtney, as president and CEO, who will now become president of RT Houston and lead RT Specialty’s energy practice group.


Related stories:
Ryan Specialty Group to acquire Houston-based insurance brokerage
Technology can secure the future of insurance distribution: RSG