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 Excess Surplus Workers' Compensation
Was this article valuable?
Here are more articles you may enjoy.
Vehicle Complexity Complicates Auto Valuation, Says JD Power 
California AG Opposing Oil Pipeline Special Permit to Waive Safety Regulation 
Connecticut High Court: Injured Rental Car Occupants Covered for Uninsured Motorist 
Convicted Insurance Mogul Lindberg Should Pay $1.6B Restitution to Companies 
