Ryan Specialty Group LLC (RSG), based in Chicago, has completed the acquisition of specialist Lloyd’s insurer Jubilee Group Holdings Limited (Jubilee), the company announced.
Jubilee currently operates two active syndicates at Lloyd’s, a managing agency and specialist underwriting distribution and insurance service businesses.
RSG also announced a number of new board and key executive appointments at Jubilee.
Max Taylor, a former chairman of Lloyd’s of London and deputy chairman of Aon UK, has accepted the role as non-executive chairman of Jubilee’s board.
Johnny Rowell, managing director of Ryan Specialty Europe Limited, joins the board and has been appointed chief executive.
Miles Wuller joins the board as chief financial officer.
Jonathan Matthews, previously chief risk officer of Liberty Syndicate Management Limited, has joined the board and been appointed chief operating officer.
Malcolm McCaig, formerly a big four audit partner, has joined the board as an independent non-executive director.
Source: Ryan Specialty Group
Topics Mergers & Acquisitions Carriers Excess Surplus Lloyd's
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