Ryan Specialty has made a conscious effort to reduce, reuse and recycle at every available opportunity. Our offices have recycling programs in place and provide reusable coffee mugs and kitchenware. We also purchase compostable or high post-consumer waste content paper napkin and towel products.

We have several initiatives in place to reduce our emissions on both an individual and company basis. Several of our buildings, including our home office in Chicago, are LEED certified, and we prioritize ENERGY STAR office equipment, appliances, and printers. To further lower our environmental impact, we have adopted an operating model that provides remote work flexibility, thereby reducing commuter travel. We are also working to reduce business travel through an enhanced use of technology.

Our wholesale specialists directly support renewable energy development by distributing critical insurance products for renewable energy facilities throughout the United States. Similarly, one of our managing general underwriters (which we founded in 2011), PERse, specializes exclusively in insurance solutions for the renewable energy sector and is a leader in facilitating insurance coverage for wind and solar power in the United States.

At Ryan Specialty, we believe that Diversity, Equality & Inclusion (DEI) are not just buzzwords, but essential elements of who we are and how we operate as a meritocracy.

Our Foundation

DEI has always been woven into the fabric of Ryan Specialty through our core values, thanks to the vision of Founder and Executive Chairman Pat Ryan. As Pat shared, “Since the inception of Ryan Specialty, inclusion, empowerment, meritocracy and all of our other core values have been essential pillars of our culture.” This sentiment speaks to the heart of our DEI mission—fostering an inclusive environment that not only empowers each of us but also draws on our diversity to drive innovation in the solutions we provide to our clients and trading partners.

What DEI Means to Us

At Ryan Specialty, we recognize that a diverse and inclusive workplace that provides opportunity to all is critical to our growth and success. We strive to create a space where all employees are evaluated based on their performance and contributions, where everyone is encouraged to be their authentic selves and where Ryan Specialty’s diversity is embraced as a strength that enables us to better serve our clients and trading partners.

Our Initiatives and Programs

We are proud of the DEI programs that reflect our commitment to continuous improvement. Some highlights include:

• ALL (Aspire. Listen. Learn.) Speaker Series: This award-winning series provides company-wide panels and discussions, fostering dialogue and understanding across our organization.
• WOW! (Women. Opportunity. Winning.): A platform designed to uplift and support the women of Ryan Specialty, encouraging career growth and development.
• Multicultural Alliance: An employee-led initiative that fosters community, enhances career development and contributes to inclusive business decisions by providing our employees with an opportunity to learn about our differences.
• External Collaborations: Beyond our internal efforts, we actively collaborate with an array of insurance organizations such as the Asian American Insurance Network (AAIN), National African American Insurance Association (NAAIA), Latin American Association of Insurance Agencies (LAAIA), Association of Professional Insurance Women (APIW) and LGBTQ+ Insurance Network (Link USA). Through these alliances, we aim to advance DEI not only within Ryan Specialty but across the insurance industry. In addition, we contribute to industry-wide DEI efforts through memberships in the Wholesale & Specialty Insurance Association (WSIA), The Council of Insurance Agents & Brokers (CIAB) and our participation in the global Dive In Festival.

Our Commitment Moving Forward

DEI is a journey, and we are proud to continue evolving our approach. We will deepen our collaboration across the firm—with our business units and corporate functions—to ensure that our DEI efforts resonate throughout the organization and industry.

At Ryan Specialty, we are committed to building a culture where diversity is valued, equality is championed for all and inclusion is a fundamental part of who we are, all building blocks of a meritocracy. Together, we can create a workplace that harnesses diversity to better serve our clients and trading partners.

Employee Engagement 

The development, attraction and retention of employees is a critical success factor for Ryan Specialty. As a result, we have established Ryan Specialty University, which combines classroom and on-the-job training practices. Ryan Specialty University provides world class training and development programs for our newest teammates. This formalized institution is critical to our future growth and ability to continue to recruit the best of the best.

Employee Wellness

In addition to our robust health benefits packages (which include competitive and subsidized medical, dental, and vision insurance coverages), Ryan Specialty has a suite of well-being benefits and resources that are designed to provide care for the physical, mental, and emotional health of our employees and their families. We also acknowledge and promote an environment where employees are enabled to find a balance between work and personal life.

Our well-being resources and tools are available to all employees and their families and include the following resources:

• Meditation and Mindfulness App: designed to reduce stress, promote better sleep, and lower anxiety.
• Counselling Services: provides confidential, short-term counseling services from licensed professional counselors.
• Personal Fitness App: provides access to at home workouts, nutrition guides, and mindfulness classes.
• Elderly Care App: a resource for employees and their families that provides expert coaching, support services, advice and tools.

Each year, Ryan Specialty collectively donates and/or sponsors over 250 charities, community outreach programs, and insurance industry programs. Each of our offices also organize grass roots volunteer opportunities and charitable events across the country. Some examples of the charities we support are as follows:

• Ronald McDonald house through an annual toy drive as well as providing meals for guests staying at the local facility.
• Up2Us Sports, which invests in the future of Chicago’s youth in creating stronger, safer, and healthier communities. Ryan Specialty sponsors a team of cyclists for their annual Spin to Break the Cycle event in Chicago.
• Chase Corporate Challenge, which provides funds to a number of local charities. Ryan Specialty has sponsored a team of walkers/runners for the past 5 years.
• We sponsor students every year from Cristo Rey Jesuit High School as part of the Corporate Work Study Program. The program develops critical social and technical skills and makes a private high school education affordable for disadvantaged students.
• Front line workers during the COVID-19 pandemic by donating to the American Nurses Association’s. Coronavirus Response Fund for Nurses. Hundreds of our employees participated in this matching-funds fundraiser.
• RT Specialty is a proud supporter of the Make-A-Wish foundation.
• Matching employee donations to My Brother’s Keeper.
• Matching employee donations to the NAACP.
• Matching employee donations to the National Urban League.

We maintain and adhere to a Code of Conduct which is distributed to every teammate of the firm. All teammates must annually acknowledge, in writing, that they have received, reviewed, and agree to abide by the Code.

Ryan Specialty has both a cybersecurity and privacy program, which include protocols, controls and training designed to protect Ryan Specialty systems and client and employee data. We are committed to complying with all applicable cybersecurity and privacy laws to maintain the trust our customers, teammates, and trading partners have when they share personal information with us.

Ryan Specialty has a dedicated Information Security team called InfoSec, whose mission is to secure system and network resources, and protect the confidentiality, integrity, and availability of the organization’s information systems and data. This is accomplished through a robust combination of training users to identify and avoid scams and attacks, technology-based defenses, and a comprehensive Incident Response Plan.

Ryan Specialty has representation of both women and minority groups on our Board of Directors and within our executive leadership team. Differences in race, creed, color, religious beliefs, physical differences, gender identity and sexual orientation, among others, are considered corporate assets, as bringing together varied perspectives better serves our clients, trading partners and communities.

We are committed to compliance with applicable laws and regulations, and we prohibit bribery and corruption in any form. Employees and trading partners are prohibited from directly or indirectly offering, promising, giving or authorizing anyone to give money or anything of value to a government official for the purpose of obtaining a business advantage.

Ryan Specialty is committed to conducting its business and operations with the highest ethical standards and in full conformity with the anti-money laundering (AML) and anti-bribery regulations and statutes. We are also dedicated to knowing our customers and potential customers. This commitment and understanding are necessary for Ryan Specialty and our employees to avoid criminal liability as a result of customers using the resources of the institution for illicit purposes (i.e., money laundering and the funding of terrorist or criminal activity). Employees are charged with being responsible to make all reasonable efforts to determine the true identity of its customers and to maintain a clear understanding of its customers’ financial needs and practices.

We have also developed internal guidelines, procedures, and controls designed to detect and deter money laundering and suspicious activities and the reporting of such transactions to appropriate parties/agencies as required. In addition, Ryan Specialty has internal policies, workflows, and procedures to ensure compliance with U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) prohibition against Specially Designated Nationals (SDN), Sanctioned Programs, and Sanctions Countries.

We utilize a third-party vendor to assist us in screening individuals, groups, third parties, and companies against designated sanction lists according to the territories in which we do business. Our screening process involves an enhanced due diligence, that involves assessing any material partnerships and alliances to understand and detect our clients and trading partners potential inappropriate and potentially unethical business activities.

We strive to conduct business with fairness, integrity, honesty and ethics and encourage behavior that will maintain the public’s confidence and trust in our operations.

To help meet these expectations, and pursuant to Sections 301(4)(B) and 806 of the Sarbanes-Oxley Act of 2002, the Audit Committee of Ryan Specialty’s Board of Directors has adopted a whistleblower policy with procedures for the receipt, retention, and treatment of complaints regarding accounting, internal accounting controls or auditing matters, the confidential, anonymous submission by employees of the company of concerns regarding questionable accounting or auditing matters, and to alert the audit committee to possible problems before they have serious consequences to the firm.