RSG Completes Acquisition of Boston Insurance Specialists, Inc.
February 1, 2019, CHICAGO, IL – Ryan Specialty Group, LLC, is pleased to announce that it has acquired the assets and operations of Boston Insurance Specialists, Inc. (BIS), an independently owned wholesale insurance brokerage with offices in Mansfield and Westfield, Massachusetts. BIS’ team is now a part of R-T Specialty, LLC (RT Specialty), the wholesale brokerage unit of Ryan Specialty Group (RSG). The agreement to acquire BIS was previously announced on January 24, 2019.
Boston Insurance Specialists was founded in 2001 and is a family-owned business led by the founders Debbie Murphy and Peggy Giancola. This New England-based operation represents and has binding authority with some of the top Excess & Surplus Lines carriers in the United States and London. Their specialty product solutions include Property, Casualty, Professional Liability, and Personal Lines. The team’s greatest strength lies in the quality and experience of their professionals and the ability to respond quickly to clients’ needs.
Terms of the transaction were not disclosed.
For more information, please contact:
Debbie Murphy, President, RT Specialty – BIS, at: Debbie.Murphy@rtspecialty.com, 508-964-3751
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. ©2019 Ryan Specialty Group, LLC. rtspecialty.com
Ryan Specialty Group, LLC
Founded in 2010, Ryan Specialty Group, LLC is a leading international specialty insurance organization which includes a wholesale brokerage firm and highly-specialized managing general underwriting companies designed specifically for brokers, agents and insurers. ryansg.com