RSG Completes Acquisition of Myron F. Steves & Company
March 4, 2019, CHICAGO, IL – Ryan Specialty Group, LLC is pleased to announce that it has acquired the assets and operations of Myron F. Steves & Company (Myron Steves), an independently owned wholesale insurance brokerage headquartered in Houston, Texas, with additional offices in Austin, Dallas and San Antonio. The Myron Steves team has become part of R-T Specialty, LLC (RT Specialty), the wholesale brokerage unit of Ryan Specialty Group, and expands the company’s presence in Texas, both in strengthening RT’s presence in Dallas and Houston and in establishing offices in Austin and San Antonio. This transaction was previously announced on February 14, 2019.
Founded in 1955, Myron Steves has a long and rich history of serving independent insurance agents in Texas and the Southwest. Specialties include commercial property and casualty, professional liability, healthcare, transportation, and personal lines. In addition to its numerous binding authority contracts, Myron Steves is known for its advanced technology, service to retail clients, and ease of doing business.
Terms of the transaction were not disclosed.
For more information, please contact:
Fred Steves, Senior Vice President, at firstname.lastname@example.org or 713.351.8202
Claudia May, SVP, Director of Houston Personal Lines, at email@example.com or 713.351.8227
About RT Specialty
R-T Specialty, LLC (RT Specialty), a subsidiary of Ryan Specialty Group, LLC, provides wholesale brokerage and other services to agents and brokers. RT Specialty is a Delaware limited liability company based in Illinois. In California: R-T Specialty Insurance Services, LLC License #0G97516. rtspecialty.com
About Ryan Specialty Group
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. ©2019 Ryan Specialty Group, LLC. ryansg.com