Login Register Subscribe
Current Issue

Ryan unit forms marine claims firm

Reprints

RSG Underwriting Managers, a unit of Chicago-based Ryan Specialty Group L.L.C., said Thursday that it formed Smooth Waters, L.L.C., a marine insurance consultancy and claims adjusting firm.

Smooth Waters will provide claims and consultancy services to RSGUM and its affiliates, according to a RSGUM statement.

Smooth Waters will offer loss control services for clients, ranging from yachts, marine terminals, shipyards, manufacturers and logistics operations through large infrastructure projects operations, the statement said.

“We are committed to delivering a value added proposition focused on proactive loss prevention and premier claims services,” Jorge Pecci, head of RSGUM’s marine practice and president and CEO of affiliate SafeWaters, commented. “The formation of Smooth Waters allows us to go beyond traditional risk assessments by working alongside clients and brokers to develop custom-made solutions to address business and asset protection needs.”

In February, Ryan Specialty acquired Houston-based Trident Marine Managers Inc. and its related claims adjusting affiliates.