R-T Specialty, a subsidiary of Ryan Specialty Group, has appointed Jonathan Legge as a Senior Vice President (SVP) of its RT ProExec division, which provides professional and executive liability services to the company’s retail clients.
He brings more than 25 years’ industry experience to his new role, which will see him lead RT ProExec’s Transactional Liability and Private Equity Practice.
Legge is a co-founder of Vanbridge, a financial services and asset management firm, where he developed numerous insurance products focused on the private equity space and brokered transactional liability programmes.
Prior to Vanbridge, Legge held a number of positions at reinsurance broker Marsh, most notably as the leader of its FINPRO global private equity practice, where he placed one of the first U.S reps and warranties policies.
He also worked as a broker at Johnson & Higgins before it was acquired by Marsh in 1997, and began his career at American International Group in 1992.
Alex Jezerski, Jr., RT ProExec Co-President, commented: “With the growing importance of private equity to the economy, we want to ensure that we are well positioned to continue to exhibit thought leadership and product innovation in this space.
“Jon is a recognized leader in this area and will be responsible for expanding our private equity practice and for further enhancing our presence in the transactional liability segment. We believe that there is a significant need in the market for additional expertise not only in the representations and warranties line of coverage, but also in the less well-known tax liability and loss mitigation coverages.”