RSG Underwriting Managers (RSGUM) announced an agreement to acquire Trident Marine Managers Inc. and related claims adjusting affiliates (Trident), headquartered in Houston.
Trident is a specialty marine managing general agency that has served the energy sector for more than 35 years. RSG Underwriting Managers is a division of Chicago-based Ryan Specialty Group (RSG).
Trident Managing Directors Martin Hayes and Michael Johnson will continue to lead the practice going forward.
Trident offers nationwide coverages with a particular focus on marine and energy operations within the Gulf of Mexico. Core products include Marine General Liability, Hull & Liability, Maritime Employers Liability and Umbrella. Trident maintains full underwriting authority and appointments with multiple “A” rated carriers.
Trident was represented by Marsh, Berry & Co. Inc.
Terms of the agreement were not released.
Source: Ryan Specialty Group
Was this article valuable?
Here are more articles you may enjoy.
Trump’s Repeal of Climate Rule Opens a ‘New Front’ for Litigation 
Trump’s EPA Rollbacks Will Reverberate for ‘Decades’ 
Portugal Deadly Floods Force Evacuations, Collapse Main Highway 
A 10-Year Wait for Autonomous Vehicles to Impact Insurers, Says Fitch 
