Ryan Specialty Group Completes Acquisition of LoVullo Associates
April 7, 2017, CHICAGO, IL – Ryan Specialty Group, LLC, is pleased to announce today the completion of the acquisition of substantially all the assets of LoVullo Associates, Inc. This acquisition establishes the R-T Specialty, LLC Buffalo, NY office and was previously announced on March 30, 2017.
With origins dating back nearly 70 years to 1949, LoVullo has been a distinguished leader and prominent wholesale broker serving clients in the greater New York area and Northeast region. This new RT Specialty office will continue to serve more than 1,200 independent brokers in the Northeast, employ more than 100 people in the Buffalo area, and operate as an excess and surplus lines broker and managing general agent. The office distributes commercial, professional and personal lines products.
Terms of the transaction were not disclosed.
For more information, please contact:
President, RT Specialty, Buffalo
716-856-3065 Ext. 290
About Ryan Specialty Group
Founded in 2010, Ryan Specialty Group, LLC is an international holding company consisting of a wholesale broker, R-T Specialty, LLC, a series of underwriting managers, RSG Underwriting Managers, and an insurance service provider, Ryan Direct Group Limited, each servicing a client base of brokers, agents and insurance carriers. ©2017 Ryan Specialty Group, LLC. www.ryansg.com
About RT Specialty
R-T Specialty, LLC (RT), a subsidiary of Ryan Specialty Group, LLC, provides wholesale brokerage and other services to agents and brokers. RT is a Delaware limited liability company based in Illinois. In California: R-T Specialty Insurance Services, LLC License #0G97516. www.rtspecialty.com