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Member, Beacon International Group, Ltd.
CHICAGO—Ryan Specialty Group L.L.C.’s RSG Underwriting Managers L.L.C. has reached a definitive agreement to acquire WKFC Underwriting Managers, Chicago-based Ryan Specialty announced Tuesday.
Melville, N.Y.-based WKFC is a managing general agency. Its business is comprised of property risks, general liability and specialty lines such as windstorm and earthquake deductible buybacks, equipment breakdown, inland marine, professional liability, weather, special events programs and others, according to Ryan Specialty.
Terms of the transaction were not disclosed, said Ryan Specialty.
CHICAGO—Ryan Specialty Group L.L.C. has acquired Global Special Risks L.L.C., a specialty underwriting manager, from Willis Group Holdings P.L.C.’s Willis North America unit, Ryan Specialty announced Thursday.