Reinsurance News

RSG consolidates underwriting management businesses

25th November 2020 - Author: Katie Baker

RSG Underwriting Managers, has consolidated two of its current managing underwriting manager businesses, Trident Marine Managers and Global Special Risks (GSR).

Ryan Specialty logoBoth managing general underwriting companies will keep their name brands and will fall under the newly created Marine and Traditional Energy Practice run by Jorge Pecci, RSG Underwriting Managers Marine and Traditional Energy Head.

The underwriter also announced the creation of a new practice vertical, Marine and Traditional Energy.

Pecci said: “Consolidating Marine and Traditional Energy will concentrate RSG Underwriting Managers’ resources in these two important market sectors. The RSG Underwriting Managers Marine and Traditional Energy vertical will enhance our marketing and underwriting capability and take advantage of cross-selling opportunities, an important consideration to both our broker clients and their client insureds.”

Michael Johnson and Martin Hayes, Managing Directors of Trident Marine Managers, added: “Trident is a natural fit for RSG. We share the same values, the same focus, and the same will to win while providing unparalleled underwriting expertise and insurance solutions.

“We could not be more excited about bringing these two remarkable businesses together. The combination of resources and talent enables us to continue to raise the bar for excellence in the marine and traditional energy space. We are looking forward to great days ahead.”

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