Chicago-based international speciality insurance firm Ryan Specialty (NYSE: RYAN) has agreed to acquire California-based insurance broker Socius Insurance Services from Abry Partners, to expand RT Specialty, Ryan Specialty's wholesale distribution speciality, the company said.
Terms of the transaction were not disclosed.
Founded in 2010, Ryan Specialty is a service provider of speciality products and solutions for insurance brokers, agents and carriers.
Ryan Specialty provides distribution, underwriting, product development, administration and risk
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