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Ryan Specialty Signs Definitive Agreement To Acquire USQRisk Holdings

1. Ryan Specialty to acquire assets of USQRisk Holdings, enhancing alternative risk offerings. 2. This acquisition supports Ryan's strategy in the specialty insurance sector.

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FAQ

Why Bullish?

Acquisition of USQ strengthens Ryan's position in a growing market segment. Historical acquisitions in specialty insurance often lead to increased valuations and improved market share.

How important is it?

The announcement of this acquisition is pivotal for Ryan's growth strategy and market position, thus likely impacting investor sentiment positively.

Why Long Term?

The strategic move to acquire USQ supports Ryan's long-term growth and diversification strategies, positioning it favorably against competitors.

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CHICAGO--(BUSINESS WIRE)--Ryan Specialty (NYSE: RYAN) (“Ryan Specialty”), a leading international specialty insurance firm, is pleased to announce that it has signed a definitive agreement to acquire certain assets of USQRisk Holdings, LLC (“USQ”). USQ will become a part of the alternative risk business within Ryan Specialty. Formed in 2020 by an experienced management team operating in New York and London, USQ underwrites non-traditional insurance risks. USQ has two core business divisions: Al.

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