ProgramBusiness
 
  


Loading LiveCycle Banners.
  1. News Articles
  2. Related News Articles
  3. Comments
News Article Details

R-T Specialty Buys Wells Fargo E&S Unit

Back | A- | A+
 Email This     Print     Subscribe


Posted on 08 Feb 2011

On Monday, the wholesale brokerage unit of Ryan Specialty Group LLC reported it's purchasing the wholesale insurance business of American E&S Insurance Brokers from a subsidiary of Wells Fargo & Co. for an undisclosed sum.

R-T Specialty LLC will acquire all of the operating assets and liabilities, including offices in San Francisco, Fresno, Calif., Irvine, Calif., New York, Denver, Atlanta, Nashville, Tenn., and Seattle. The company plans to hire nearly all of the employees in those locations.

Wells Fargo Insurance Services said the deal allows it to focus on its retail operations and other niche businesses.


Comments

Post a Comment
If you are a Storefront / Tradingfloor user, click here to login.
Note: As a guest user, please fill out the form below to post a comment.
Post your comments here.
Name :
Email Address :
Captcha :
Comments :
Character left : 2000