RT Specialty Acquires A.J. Renner & Associates
September 1, 2015, CHICAGO, IL – R-T Specialty, LLC (RT Specialty), the wholesale brokerage unit of Ryan Specialty Group, LLC, today announced that it has acquired the assets of A.J. Renner & Associates, a leading wholesale specialty insurance broker in the Life Science arena. Following the close of the transaction, the core of the life science team of A.J. Renner will be joining RT Specialty.
A.J. Renner & Associates was founded in 1985 as a, excess and surplus lines broker specializing in insurance products for life science, pharmaceuticals, nutraceuticals, clinical trials, medical devices, healthcare and long-term care. A.J. Renner also offers exclusive programs for product liability in the generic and specialty pharmaceutical industry through an integrated platform of risk management, claims management and experienced underwriting.
RT Specialty President & CEO, Timothy W. Turner says, “This transaction advances our strategy in the Life Science field in a meaningful way and represents RT Specialty’s continued commitment to providing cutting- edge risk management solutions to our Life Science clients.”
Alison Renner, CEO of A.J. Renner & Associates, says, “We are excited to join the dynamic group at RT Specialty that Pat Ryan and Tim Turner have built over the past few years. The strong platforms at RT Specialty give us unique opportunities to expand the solutions that are available to Life Sciences clients.”
Terms of the transaction were not disclosed.
About Ryan Specialty Group, LLC and R-T Specialty, LLC
Ryan Specialty Group, LLC is a global holding company which includes wholesale broker R-T Specialty, LLC, a select group of highly-specialized underwriting companies, a London operation and other specialty services designed specifically for agents, brokers and insurers. www.ryansg.com and www.rtspecialty.com
About Vista Insurance Partners of Illinois /dba/A.J. Renner & Associates
A.J. Renner & Associates is the trade name used by Vista Insurance Partners of Illinois, Inc. A.J. Renner & Associates is a leading wholesale specialty insurance broker with a passion for developing unique insurance solutions through creative problem solving. Best known as the leaders in the Life Science insurance arena A.J Renner has exclusive programs for pharmaceuticals product liability. A.J. Renner has been providing specialty insurance products and services for a broad range of industries for 30 years. www.ajrenner.com.
For more information on this release, contact Angie Tegan, (312) 339-4970: firstname.lastname@example.org
R-T Specialty, LLC (RT), a subsidiary of Ryan Specialty Group, LLC, provides wholesale brokerage and other services to agents and brokers. RT is a Delaware limited liability company based in Illinois. As a wholesale broker, RT does not solicit insurance from the public. Some products may only be available in certain states, and some products may only be available from surplus lines insurers. In California: R-T Specialty Insurance Services, LLC License #0G97516.© 2015 Ryan Specialty Group, LLC.