Ryan Specialty acquires surplus lines broker JM Wilson

Ryan Specialty Group has recently announced a deal to acquire JM Wilson Corporation, a surplus lines insurance wholesaler. JM Wilson, based in Michigan, offers a wide range of products, including personal lines, surety, and transportation insurance. This acquisition will see JM Wilson merged into Ryan Specialty’s binding authority division, allowing for an expansion of services and capabilities within the specialty insurance market.

This move is part of Ryan Specialty’s ongoing efforts to grow and diversify its operations in the United States. The company has been actively pursuing strategic acquisitions to strengthen its position in the insurance industry. By incorporating JM Wilson into its portfolio, Ryan Specialty will be able to enhance its offerings in the surplus lines market, providing customers with a broader range of products and services.

JM Wilson’s reputation as a trusted and reliable insurance wholesaler makes it a valuable addition to Ryan Specialty Group. The company’s commitment to customer service and longstanding relationships with carriers and agents will complement Ryan Specialty’s existing capabilities, creating new opportunities for growth and expansion. This merger will enable Ryan Specialty to leverage JM Wilson’s expertise and industry knowledge to better serve its clients and enhance its competitive position in the market.

This acquisition reflects Ryan Specialty’s commitment to innovation and strategic growth. By continually seeking out opportunities to expand its operations and enhance its services, the company remains at the forefront of the specialty insurance industry. With a focus on providing tailored solutions to meet the evolving needs of customers, Ryan Specialty is well positioned to drive further growth and success in the marketplace.

The merger of JM Wilson into Ryan Specialty’s binding authority division marks a significant milestone for both companies. By combining their strengths and resources, they will be able to deliver a more comprehensive and competitive suite of products and services to clients. This strategic move highlights Ryan Specialty’s dedication to fostering partnerships and driving value for its customers, demonstrating its commitment to excellence and innovation in the insurance industry.

Overall, the acquisition of JM Wilson by Ryan Specialty Group signifies a major step forward for both companies. By joining forces, they will be able to achieve greater scale, expand their offerings, and enhance their competitive position in the market. This merger represents a strategic decision to capitalize on synergies and leverage each other’s strengths to drive growth and success in the specialty insurance sector. With a shared commitment to delivering outstanding service and innovative solutions, Ryan Specialty and JM Wilson are poised for a bright future together.