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Ryan Specialty Files for IPO



Ryan Specialty Group LLC said on Monday that it has submitted a registration statement related to the proposed IPO. It was said that it is expected to begin the IPO after the SEC review process has been completed, provided that the market and other conditions are met. not yet determined. The stock will be listed on the New York Stock Exchange under the ticker symbol "RYAN."

Ryan Specialty, founded in 2010 by former Aon PLC CEO Patrick G. Ryan, is the third largest real estate / accident wholesaler, according to Företagsförsäkring latest ranking.

The company reported a premium volume of $ 13.2 billion by 2020 and has more than 3,300 employees. A total of 69% of its activities are permitted and 31

% are unauthorized, according to BI & # 39 ;s 2020 Insurance Wholesalers Ranking & Directory.

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