Ryan Specialty Group Acquisition of Houston’s Oxford Insurance Services Completed

Ryan Specialty Group LLC has completed its previously announced acquisition of Oxford Insurance Services LLC (Oxford), a wholesale insurance brokerage headquartered in Houston, Texas.

The acquired business is part of R-T Specialty LLC (RT Specialty), the wholesale brokerage unit of Chicago-based Ryan Specialty Group. The transaction was previously announced on Oct. 23, 2017.

Oxford serves brokers across the United States and specializes in energy, construction, environmental, and other complementary markets. As a leader in the wholesale marketplace, Oxford provides best in class service to its clients and markets, and thrives on finding viable alternatives for difficult-to-place insurance risks. Oxford’s influence in the market and exceptional reputation as a team of dedicated specialists has resulted in over a $1 billion in premiums placed since its inception.

In joining RT Specialty, Matt Galtney, president and CEO of Oxford, has become the president of RT Houston and leads RT Specialty’s Energy Practice Group.

Source: Ryan Specialty Group

Topics Mergers & Acquisitions Excess Surplus