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Ryan Specialty Underwriting Managers Merges CorRisk Solutions and Celerity Pro to Launch Celerity Risk


FEBRUARY 4, 2025 | CHICAGO, IL
– Ryan Specialty Underwriting Managers (“RSUM”), the specialty underwriting segment of Ryan Specialty (NYSE: RYAN), today announced the launch of Celerity Risk, a newly rebranded business unit resulting from its acquisition of Innovisk Capital Partners in November 2024. This strategic union joins CorRisk Solutions, the U.S. wholesale division of Ryan Financial Lines, with Celerity Pro, previously part of Innovisk, forming a substantial offering in the financial professional liability space that will be exclusively accessible through wholesale brokers nationwide.

Celerity Risk is designed to address a wide spectrum of management and professional liability risks, with a broad appetite for small and middle market accounts. This consolidation leverages the underwriting expertise and tailored solutions of CorRisk Solutions with Celerity Pro’s cutting-edge technology and innovative product development.

Celerity Risk will be co-led by two seasoned insurance veterans:

  • Tom Nash, Co-President and Head of Professional Liability, has over three decades of expertise in professional liability underwriting. As President of CorRisk Solutions, Tom’s extensive background includes launching and managing successful underwriting businesses and representing the London market as a lead underwriter for multiple facilities.
  • Carl Pursiano, Co-President and Head of Management Liability, brings over thirty years of experience in underwriting management liability, professional liability and cyber insurance. As Founder and President of Celerity Pro, Carl has a proven track record of delivering innovative, technology-driven solutions tailored to the needs of small and mid-sized businesses.

Celerity Risk will also have an expansive cyber appetite, encompassing a wide range of industries and businesses of all sizes. Simon White will lead the Celerity Risk cyber team, reporting to Ryan Kratz from the US cyber practice.

“Our goal is to provide brokers with unparalleled speed and service,” said Jamie Bouloux, CEO of Ryan Financial Lines. “Celerity Risk embodies the best of CorRisk and Celerity Pro, ensuring that brokers and their clients receive customized, market-leading solutions. Our shared vision is to combine innovation, technology and deep underwriting expertise to create an exceptional experience for brokers and their clients.”

Celerity Risk will deliver an extensive range of insurance products, including:

  • Management Liability
  • Cyber Liability
  • Architects & Engineers
  • School Leaders Professional Liability
  • Insurance Agents E&O
  • Miscellaneous Professional Liability (MPL)
  • Media Liability
  • Contractors E&O
  • Associations Professional Liability

Backed by the financial strength of A or better (AM Best) paper, Celerity Risk provides the confidence brokers need to serve their clients with speed and precision.

Tom Nash can be reached at tom.nash@corrisksolutions.com.

Carl Pursiano can be reached at carl.pursiano@ryansg.com.

Jamie Bouloux can be reached at jamie.bouloux@ryanfinlines.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.

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.

For media inquiries, please contact:

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

Insurance Business America 5-Star Program Administrators

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