Ryan Specialty Group, LLC Introduces CivicRisk
February 1, 2011, CHICAGO, ILLINOIS – Ryan Specialty Group, LLC (RSG) today announced the launch of CivicRisk (CRU), a Managing General Underwriter specializing in excess casualty coverage for public entities which includes, but is not limited to, cities, counties, school districts, transit districts, public utilities, and special districts whether written individually or in pools.
CRU offers public entities a broad range of occurrence and wrongful acts coverage underwritten on a single policy form that addresses general liability, law enforcement, public officials, employment practices liability, employee benefits and automobile exposures. Coverage is also available on a follow form basis over qualified underlying primary carrier programs. The program is available on a non-admitted basis in all states and is underwritten by Scottsdale Insurance Company, which, through an affiliated company, has initiated filings for admitted status. Scottsdale Insurance Company is an A.M. Best rated A+ XV insurer, experienced in handling public entity claims. Coverage is also available on a follow form excess liability over traditional primary coverage in areas with tort caps and immunities where traditional primary programs predominate.
Thomas Dultz, President, CEO and Chief Underwriting Officer, CivicRisk, says of the opportunity, “Public entities want more alternatives in their ability to retain risk. Our products are designed to provide public entities with excess casualty risk-transfer options that will help them avoid unexpected gaps in coverage as they manage their risk. We have assembled a team of experienced underwriters in the public entity and public transit underwriting arena.”
Patrick G. Ryan, Chairman and CEO, RSG, adds, “CivicRisk’s ability to present creative excess casualty risk-transfer options to public entities and their risk managers – through the agents and brokers who represent them – offers a unique distribution channel for the coverage that is needed in today’s marketplace.”
For more information about CRU, contact Thomas Dultz, (818) 660-1671, tdultz@civicrisk.com.
For more information on this release, contact Chelsey Krull, (312) 784-6043, ckrull@ryansg.com.
About CivicRisk Underwriters (CRU)
CivicRisk Underwriters (CRU) is a part of Ryan Specialty Group, LLC (RSG). As a managing general agency, CRU focuses on excess casualty products for public entities that are self-insured. CRU has offices in Los Angeles, California, and Philadelphia, Pennsylvania. www.ryansg.com
About Ryan Specialty Group, LLC
Ryan Specialty Group, LLC is a global company specializing in wholesale brokerage, MGU/MGA underwriting facilities and other specialty services to agents, brokers and carriers. www.ryansg.com