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Celerity Risk Expands into Financial Institutions D&O and Professional Liability


JULY 9, 2026 | NEW YORK, NY
– Celerity Risk, a professional liability, management liability and cyber liability solutions managing general underwriter (“MGU”) for wholesale brokers, is pleased to announce that it is now offering D&O and professional liability for financial institutions and financial services companies. Celerity Risk is a part of Ryan Specialty’s (NYSE: RYAN) underwriting management specialty, Ryan Specialty Underwriting Managers.

Effective immediately and written by insurers with an AM Best Financial Strength rating of A+ XV[1], Celerity Risk offers D&O and professional liability insurance solutions with quotes up to $5 million limits on a tailored primary and excess basis for nearly all sizes of financial firms.

Celerity Risk provides specialized insurance protection across various segments of the financial industry, including:

  • Investment Advisors and Mutual Funds: D&O and PL Blend, Excess
  • Private Equity and Hedge Funds: D&O and PL Blend, Excess
  • Banks and Non-Bank Lenders: D&O and PL Blend, Excess
  • Insurance Companies: D&O and PL Blend, Excess
  • Real Estate Investment Trusts: D&O, Primary or Excess
  • FinTech, Insurtech, and Other Financial Firms: D&O, Primary or Excess

“Celerity Risk’s expansion into financial institutions builds on our underwriting expertise and gives us the ability to offer products designed for banks, asset managers, and other financial firms with responsive, broker-focused insurance solutions,” said Carl Pursiano, President of Management Liability, Celerity Risk. “This offering reflects our commitment to disciplined underwriting and managed growth in the financial institutions space.”

Patrick Mitchell, President of North America, Celerity Risk, added, “Celerity Risk continues to strengthen its platform in a measured and strategic way. This expansion reinforces our ability to deliver a broad range of professional and financial lines solutions supported by strong underwriting expertise and well-regarded capital.”

Carl Pursiano can be reached at carl.pursiano@celerityrisk.com or 201-995-4391.

 

[1] Any carrier ratings contained herein are as of July 1, 2026. A.M. Best ratings are under continual review and subject to change.

 

About Celerity Risk

Celerity Risk is a managing general underwriter committed to offering coverage and service across a broad range of professional and specialty risks. In addition to Financial Institutions coverage, Celerity Risk offers Architects and Engineers E&O, Miscellaneous Professional Liability, Contractors E&O, Cyber Liability, Media Liability, Insurance Agents E&O and more. To learn more, please visit celerityrisk.com.

About Ryan Specialty Underwriting Managers

Ryan Specialty Underwriting Managers is an industry leader in delegated authority underwriting services. Our family of managing general underwriters and national programs have the expertise and authority to design, underwrite, bind, and administer a diverse portfolio of risks. Our value proposition originates with our 1500+ industry professionals who are empowered by centralized technical support and policy lifecycle administration, coupled with a broad distribution network of retail and wholesale brokers. We have been diligently servicing our valued clients and trading partners since our establishment in 2010 and now have operations in North America, the UK, Europe and Asia Pacific. To learn more, please visit RSUM.com.

Media Contact

Alice Phillips Topping
SVP, Chief Marketing & Communications Officer
Ryan Specialty
Alice.Topping@ryanspecialty.com
+1 (312) 635-5976

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