R-T Specialty LLC entered into a definitive agreement to acquire West Coast workers’ compensation specialist International Facilities Insurance Services.
Chicago, Ill.-based R-T is the brokerage arm of Ryan Specialty Group LLC. Los Angeles, Calif.-based IFIS will become part of RT effective Jan. 1, 2013. Terms of the deal were not disclosed.
A privately-held wholesaler, IFIS’ workers’ compensation specialty is complemented by general commercial liability wholesale activities with expertise in oil and gas, and in trucking and transportation risks.
Ryan Specialty Group is a global holding company and a Lloyd’s insurer and other specialty services designed specifically for agents, brokers and insurers.
Topics Mergers & Acquisitions California Workers' Compensation Excess Surplus
Was this article valuable?
Here are more articles you may enjoy.
Full Senate Passes Measure to Reauthorize Federal Terrorism Insurance Backstop 
Independent Agencies Total About 37,000 in 2026, a Decrease From 2024 
Takeaways From AP Analysis on the Flaws in National Flood Insurance 
AXA XL Launches Insurance Company, AXA XL E&S 
