Ryan Specialty, an international specialty insurance firm, has appointed Stephen Stewart, President & CEO of Stewart Specialty Risk Underwriting, a Ryan Specialty managing general underwriter (MGU), to the additional role of CEO of Ryan Specialty Canada Limited.
Headquartered in Toronto, Ryan Specialty Canada Limited is the newly formed Canadian operating and holding entity for Ryan Specialty’s underwriting management businesses in Canada.
This marks the completion of Ryan Specialty’s amalgamation of its Canadian operations, which includes the Canadian operations of the following MGUs: Alive Risk, Global Special Risks, PERse (Power. Energy. Risk.), Ryan Transactional Risk, Stewart Specialty Risk Underwriting, Technical Risk Underwriters, and Trident Marine Managers.
As CEO of Ryan Specialty Canada Limited, Stewart will lead the continued growth of Ryan Specialty’s Canadian platform while maintaining the underwriting discipline and specialist focus that have defined each Canadian unit.
Ryan Specialty noted that legal integration is underway, and teams are actively engaging with new colleagues across underwriting, operations, and support functions to build a unified Canadian platform.
Miles Wuller, CEO of Ryan Specialty Underwriting Managers, commented, “Bringing together all of our managing general underwriters under one Canadian entity and proven country specialty insurance leader provides RSUM a single, focused view of the wider Canadian market. This consolidation enables each of our MGUs to more seamlessly tap into the broader RSUM platform to better serve our Canadian clients and trading partners.”
“Completing the amalgamation and establishing Ryan Specialty Canada Limited is an important milestone for our business,” said Stewart. “It formalises the structure needed to support long-term growth in Canada and positions our teams to better serve brokers and trading partners nationwide.”
This announcement follows Ryan Specialty’s completion of the acquisition of Stewart Specialty Risk Underwriting in December 2025.
