Reinsurance News

Ryan Specialty announces new leadership for Ryan Re

15th March 2021 - Author: Staff Writer -

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Ryan Specialty Group has announced the new formalised leadership structure for its subsidiary Ryan Re Underwriting Managers.

Ryan Specialty logoRyan Re was founded in 2019 to specialise in North American Property and Casualty treaty reinsurance and underwrites on behalf of Nationwide.

Effective immediately, the executive leadership team for Ryan Re will include Brian Boornazian as Executive Chairman and Emil Issavi as Chief Executive Officer and President.

In these leadership roles, both Boornazian and Issavi will continue to be actively engaged in all aspects of Ryan Re’s management, underwriting and business development.

In addition to the above executive positions, Ryan Re has appointed Steve Capodanno as Chief Operating Officer. Capodanno will continue to retain his responsibilities as Head of Claims in addition to his new role.

“These executives are exceptional and have developed Ryan Re from its incubator stage to a thriving, ongoing entity,” said Patrick G. Ryan, Chairman and CEO of Ryan Specialty.

“Through Brian and Emil’s leadership with strong support from our partners at Nationwide, in less than two years Ryan Re has established itself as a premier market for North American Property and Casualty treaty business.

“We want to thank our clients and brokers for the tremendous support and look forward to expanding our relationships.”