Ryan Specialty announces that is has signed a definitive agreement to acquire certain assets of the European managing general agent, Geo Underwriting Europe BV, part of The Ardonagh Group. Geo Europe is based in Rotterdam, Netherlands, with operations in Germany and specializes in Financial Lines. Geo Europe will join the Ryan Financial Lines unit within the Ryan Specialty Underwriting Managers division of Ryan Specialty, complementing RFL’s European expansion objectives. The acquisition is expected to close during the third quarter of this year.
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