Ryan Specialty acquires New York wholesaler

Chicago-based Ryan Specialty Group L.L.C. has acquired the assets and operations of wholesale insurance brokerage Kerwick & Curran Inc.

Terms of the transaction were not disclosed.

Kerwick & Curran, which has offices in Tarrytown and Melville, New York, was incorporated in 1975 and was one of the Northeast’s first wholesale brokerage operations that focused on real estate, high-hazard manufacturing, industrial, retail and construction risks, Ryan Specialty said Thursday in a statement.

K&C will become part of R-T Specialty L.L.C., Ryan Specialty Group’s wholesale brokerage unit. Ryan Specialty said K&C CEO and managing partner Ed Berliner and President Joe Davis will continue to oversee the operation after the merger.