Ryan Specialty Group LLC (RSG) has acquired the assets and operations of Superior Payment Plan LLC, a premium finance company based in Depew, N.Y. Terms of the agreement were not shared.
Following the transaction, Superior’s operations will become part of Stetson Insurance Funding LLC, a wholly owned subsidiary of RSG and a licensed premium finance company.
Stetson is a Delaware limited liability company and provides a 50-state financing solution for commercial insurance risks through its relationships with third party capital providers.
Source: Ryan Specialty Group LLC
Topics Mergers & Acquisitions New York
Was this article valuable?
Here are more articles you may enjoy.
‘Structural Shift’ Occurring in California Surplus Lines 
A 10-Year Wait for Autonomous Vehicles to Impact Insurers, Says Fitch 
Trump’s Repeal of Climate Rule Opens a ‘New Front’ for Litigation 
Florida Engineers: Winds Under 110 mph Simply Do Not Damage Concrete Tiles 
