Ryan Specialty has opened an office in Madrid, focusing on the core transactional risk products of warranty and indemnity insurance and commercial tax liability insurance, servicing brokers across continental Europe.
Madrid is the firm’s third European office, the second in Spain, and is led by Marta Batalla, Director of the Spanish Branch of Ryan Specialty Transactional Risk International.
The company has also announced the continued expansion of its European team with the hiring of Rafael Giménez-Reyna.
Rafa joins the international tax team from private practice in which he has spent over 10 years advising clients on Spanish and international tax matters.
Kerry Westwell, Head of Tax, Ryan Specialty Transactional Risks Europe, said: “The tax insurance product continues to evolve at a rapid rate, and it is great to be able to add someone of Rafa’s experience to the team. Rafa will be working on international tax risks, but as Spain is currently a busy jurisdiction for tax insurance, it will be extremely beneficial having someone on the ground in Madrid.”
Marta Batalla added: “The transactional risk practice has continued to experience significant growth in the last few years. We now have a team of 30 professionals, including 18 lawyers speaking nine languages, all backed by the strength of Ryan Specialty.”
“Our deep technical knowledge, consistent underwriting approach, and unwavering work ethic enable the team to review thousands of transactions every year providing superior service to our clients and carrier trading partners.”
