Ryan Specialty Appoints Mark Birrell to Executive Chairman and James Montgomery to CEO of Ryan Specialty Underwriting Managers International

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DECEMBER 2, 2024 | CHICAGO, IL - Ryan Specialty (NYSE: RYAN), a leading international specialty insurance services firm, is pleased to announce the appointments of Mark Birrell to Executive Chairman and James Montgomery to Chief Executive Officer of Ryan Specialty Underwriting Managers International ("RSUM International") effective January 1, 2025. Both of these executives are based in RSUM International's London headquarters.

Mark Birrell, previously Chairman and CEO of Castel Underwriting Agencies, joined Ryan Specialty via acquisition, assuming the role of Chairman and CEO of RSUM International. Mark is an entrepreneur and insurtech innovator with over 45 years of experience within the insurance industry. Mark's first 20 years were dedicated to the Lloyd's broking community, which was followed by his entrepreneurial dedication to found both Wildnet Group and Castel Underwriting Agencies.

James Montgomery ("Monty") has been with Ryan Specialty since 2016 when he joined the firm's transactional risk managing general underwriter, Ryan Transactional Risk ("RTR"). Monty is currently a Managing Director of Ryan Transactional Risk and has been instrumental in the growth and global consolidation of the RTR platform. Monty joined the insurance industry in 2011, initially with the law firm Kennedys and subsequently with QBE, underwriting Financial Institutions and Mergers & Acquisitions products.

Commenting on these appointments, Miles Wuller, President and CEO of Ryan Specialty Underwriting Managers, said, "The appointments of Mark and Monty reinforce our commitment to expand our executive team and platform to meet our clients' needs and international growth ambitions. Mark and Monty are colleagues and executives each with exceptional track records of building, innovating and executing on growth initiatives at the highest level. We are confident they will integrate and continue to scale the exceptional talent and resources of RSUM International, Castel and Innovisk and accelerate our international expansion."

Discussing this new appointment and transition, Mark Birrell said, "I'm excited to take on the new role of Executive Chairman and focus on the continued international expansion in both product and region. The growth of Ryan Specialty's international expansion, especially with Innovisk now on board, requires a split role of our international executive leadership. Monty is a proven talent and leader, and I'm very much looking forward to working closely with him to expand our offering for our clients and trading partners."

James Montgomery added, "I am really looking forward to this next chapter in my career as CEO of RSUM International. The business is primed for continued growth and positioned exceptionally well with a great roster of individuals across all of our teams, geographies and verticals. We are in a time of enormous opportunity, and I look forward to continuing to deliver exceptional service, outstanding outcomes and innovative solutions for our clients and carrier trading partners internationally. I could not have achieved this appointment without the continued support of the amazing people with whom I work at Ryan Specialty and in the wider industry."

Mark Birrell can be reached at [email protected].

James Montgomery can be reached at [email protected].

About Ryan Specialty

Founded in 2010, Ryan Specialty is a service provider of specialty products and solutions for insurance brokers, agents and carriers. Ryan Specialty provides distribution, underwriting, product development, administration and risk management services by acting as a wholesale broker and a managing underwriter with delegated authority from insurance carriers. Ryan Specialty's mission is to provide industry-leading innovative specialty insurance solutions for insurance brokers, agents and carriers. For more information, please visit ryanspecialty.com.

Contact:

Media Alice Phillips Topping Chief Marketing & Communications Officer
Ryan Specialty
[email protected]
(312) 635-5976

Investor Relations Nicholas Mezick Director, Investor Relations
Ryan Specialty
[email protected]
(312) 784-6152

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Ryan Specialty Holdings Inc. published this content on December 02, 2024, and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on December 02, 2024 at 16:42:40.680.