Ryan Specialty Group Makes Senior London Hire
October 28, 2014, LONDON, UK – Ryan Specialty Group (RSG), the global specialty insurance services business based in Chicago, has hired Peter McKenna into a new senior role to oversee the development of the company MGA strategy in the UK market.
McKenna, who has joined RSG from AIG, will be based in London and report to Mike Rice, Sr., chairman of RSG Underwriting Managers.
Mr Rice said: “I am delighted that someone of Peter’s calibre and experience is joining our UK team. He will be responsible for the formation and management of MGAs in the UK insurance marketplace and help us achieve our goals of providing products and services to a wide number of carriers, brokers and agents.”
Mr Rice explained that while the Group’s new foothold in London will “help expand our presence in Europe and the Middle East initially, in the longer term we may also look to Latin and South America and Asia.” He added: “London remains one of the world’s most dynamic insurance markets, and through Peter’s appointment, we look forward to tapping into the many opportunities which exist here.”
Mr McKenna said: “Mike painted a compelling picture of the strategic opportunity for RSG in this market, and I am keen to play my part in delivering profitable growth and meeting the long term strategic aims of the business.”
Before joining RSG, Mr McKenna spent 12 years in a variety of senior roles at AIG in the USA, Canada and the UK, most recently as head of financial lines, EMEA, where between 2012-2014 he led a significant and successful change programme.
For more information on this release, contact:
Ben Welsh; 07568 382040
Angie Tegan; + 1 312/339-4970; firstname.lastname@example.org (USA)
About Ryan Specialty Group, LLC
Ryan Specialty Group, LLC is a global holding company which includes a wholesale brokerage, highly-specialized underwriting companies, a Lloyd’s insurer and specialty services designed specifically for agents, brokers and insurers. www.ryansg.com