Financial PerformanceA combination of ongoing investment in lower-cost geography-based work, M&A arbitrage by purchasing higher margin businesses, plus healthy double-digit organic growth appears to give RYAN a fog-free runway to continue expanding margins.
Growth OpportunitiesRYAN's market share within the $80 billion+ dollar 'programs/MGA-U/binding authority' marketplaces is less than 10%, and that marketplace is highly fragmented, offering potential for significant growth.
Market PositionRyan Specialty continues to take 1pt+ of market share annually within its largest traditional E&S broking segment.