Ryan Specialty to Acquire USQRisk Assets Enhancing Alternative Risk Segment

Ryan Specialty is set to acquire specific assets of USQRisk Holdings to enhance its alternative risk segment. USQRisk, operating since 2020 with bases in New York and London, specializes in underwriting non-traditional insurance risks through its alternative risk and facilities divisions. This acquisition is anticipated to add approximately $11 million in operating revenue for Ryan Specialty for the year ending 2024, with the transaction slated for completion in Q2 2025.

The acquisition reinforces Ryan Specialty's capabilities in structured liability, property, and auto insurance solutions. USQRisk's CEO emphasized the benefits of broader distribution channels, enhanced capital support, and operational infrastructure as key factors driving the decision. This deal follows a series of strategic acquisitions by Ryan Specialty in 2024 and early 2025, including US Assure and Velocity Risk Underwriters, aimed at expanding its specialty insurance portfolio and market reach.