SEPTEMBER 24, 2025 | CHICAGO, IL – Ryan Specialty (NYSE: RYAN), a leading international specialty insurance firm, is pleased to announce the formation of Clach Casualty Underwriting Managers (“Clach Casualty”), a new managing general underwriter (“MGU”) focused on providing casualty insurance solutions for complex construction and habitational real estate risks. Clach Casualty is a part of Ryan Specialty Underwriting Managers (“RSUM”), the specialty underwriting division of Ryan Specialty. Clach Casualty commenced operations in September 2025, and its business is exclusively distributed through U.S. wholesale brokers.

Clach Casualty offers primary and excess casualty coverages designed to meet the unique challenges faced by high-risk industries. The MGU’s monoline offerings are backed by highly rated capacity and include:

• General Liability for New York Contractors and Owners
• General Liability-Only Wraps
• General Liability for Habitational Real Estate

Clach Casualty is led by Adam Schnell, a highly respected leader in the industry with over 30 years of experience in casualty insurance. Prior to this role, Schnell served as Executive Vice President of Specialty Casualty at Ryan Specialty Underwriting Managers. Adam joined Ryan Specialty with the acquisition of the property and casualty MGUs owned by Ethos Specialty Insurance in 2024.

Commenting on the launch, Ryan Specialty Underwriting Managers President, Eric Quinn, said, “Clach Casualty is uniquely prepared to meet the needs of niche market segments that often face difficulties in securing adequate coverage. With Adam’s leadership, the MGU is well-positioned to address a critical gap currently impacting brokers and their contractor and property owner clients in the general liability and excess insurance market. The creation of Clach Casualty reflects our commitment to offering premier service and innovative solutions to wholesale brokers.”

Adam Schnell, Executive Vice President of Clach Casualty, commented, “I’m excited to lead this new MGU to address the evolving specialty needs of the New York construction market and other high-risk segments. Coupling the resources of Ryan Specialty Underwriting Managers, which assists the underwriting process and analysis, with the first-class underwriting talent of our team at Clach Casualty, we are poised to deliver innovative solutions with industry leading service and creativity.

For additional information about Clach Casualty Underwriting Managers and its offerings, please visit ClachCasualty.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 (MGUs) 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 950+ 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 in North America, the UK, Europe and Asia Pacific since our establishment in 2010. To learn more, please visit ryanspecialtyum.com.

About Ryan Specialty

Founded in 2010, Ryan Specialty is a service provider of specialty products and solutions for insurance brokers, agents and carriers. The firm provides distribution, underwriting, product development, administration and risk management services by acting as a wholesale broker and a managing underwriter with delegated authority from insurance carriers. Ryan Specialty’s mission is to provide industry-leading innovative specialty insurance solutions for insurance brokers, agents and carriers. To learn more, please visit ryanspecialty.com.

Media Contact

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