Ryan Specialty Group LLC (RSG) has completed its acquisition of certain assets of ARC Specialty Brokerage LLC, the property and casualty division of ARC Excess & Surplus LLC, a wholesale insurance brokerage based in Jericho, N.Y.
These assets have become a part of RT Specialty LLC, the wholesale brokerage unit of RSG, in RT Specialty’s Long Island office in Melville, N.Y. This transaction was previously announced on July 30, 2018.
Joining RT Specialty is Mike Vollaro, a wholesale brokerage professional and specialist in New York construction, along with the other current producers of ARC Specialty and their respective assistants.
RT Specialty LLC, a subsidiary of Ryan Specialty Group LLC, provides wholesale brokerage and other services to agents and brokers. It is a Delaware limited liability company based in Illinois.
Source: Ryan Specialty Group LLC
Topics Mergers & Acquisitions Agencies Excess Surplus New York
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