Great American Insurance Group and ThinkRisk Underwriting Agency Move to Converging Risk Program [Professional Services Close – Up]

Great American Insurance Company, a member of Great American Insurance Group and ThinkRisk Underwriting Agency, part of Ryan Specialty Group (RSG), have mutually agreed that due to increasing channel conflicts, ThinkRisk will pursue a change in carrier relationships for its Converging Risk program.

According to a release, Bruce R. Smith, President, Great American Insurance Group's Executive Liability Division, noted, "We value our relationship with ThinkRisk and are committed to working with their team to ensure an orderly transition of this program. We are looking forward to pursuing other opportunities to work with RSG in the future. Great American's Executive Liability Division has been serving the insurance marketplace for 26 years, and we look forward to continuing to be a carrier of choice for our producers and insureds."

RSG Chairman Patrick G. Ryan noted, "At RSG, our goal is to build strong underwriting management companies that focus on growth and innovation. We respect and appreciate Great American's support and contributions as we have grown ThinkRisk."

ThinkRisk President Nicole Haggerty added, "We are grateful for our relationship with Great American and for the support they have provided for the Converging Risk program. We are optimistic about the new opportunities and products that ThinkRisk will deliver to our producers and clients in the future."

ThinkRisk will continue to manage the Converging Risk Program on behalf of Great American Insurance until April 30th 2013.

More information:

www.ryansg.com

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