JUNE 18, 2025 | CHICAGO, IL – Ryan Transactional Risk (“RTR”) is pleased to announce the launch of a new product that will specialize in insuring the risk of cost overruns for environmental remediations and clean-ups. Ryan Transactional Risk Enviro (“RTR Enviro”) is providing Environmental Remediation Cost Overrun insurance for corporate transactions and divestures, mergers & acquisitions and real estate development projects. The purpose of this product is to eliminate or minimize the risk of cost overruns while remediating environmental exposures of known contaminants.

Ryan Transactional Risk Enviro uses its remediation excess policy form, in conjunction with its unique defined-scope agreement, to provide insurance coverage for the risk of these potential cost overruns. RTR Enviro is part of Ryan Transactional Risk (“RTR”) and is open to both global and regional brokers and agencies within the United States, bringing together the experienced underwriting team of Cole Russo, Roland Costanzo and Al Nesheiwat.

Rich Stansfield, CEO of Ryan Transactional Risk, explained, “Central to Ryan Transactional Risk’s belief in innovation, Ryan Transactional Risk Enviro is representative of RTR’s steadfast commitment to delivering transformative products to our valued clients. It is a powerful addition to our suite of transactional liability products that will further differentiate the RTR brand. We look forward to the positive impact it will have for our clients.”

Outlining their specialty, Cole Russo, Director, RTR Enviro, added, “Ryan Transactional Risk Enviro is the leader in providing environmental remediation cost overrun insurance. We are bringing back a new and improved version of Environmental “Cost Cap” insurance that has not been in the market for over 15 years.”

Cole Russo can be reached at Cole.Russo@ryantrs.com.

Roland Costanzo can be reached at Roland.Costanzo@ryantrs.com.

Al Nesheiwat can be reached at Al.Nesheiwat@ryantrs.com.

About Ryan Transactional Risk

Ryan Transactional Risk (“RTR”) is a Managing General Underwriter focused exclusively on providing transactional insurance solutions to the M&A community. The RTR team is fluent in English, Spanish, Dutch, German, Portuguese, French, Danish, Polish and Italian, and its products are underwritten by a panel of underwriters at Lloyd’s of London and other insurers. Each of these insurers are rated by Standard & Poor’s as “A” or “A+” and further benefit from the Lloyd’s of London rating of “A+”. For more information, please visit ryantrs.com.

About Ryan Specialty Underwriting Managers

Ryan Specialty Underwriting Managers (RSUM) is an industry leader in delegated authority underwriting services and a part of Ryan Specialty (NYSE: RYAN). RSUM’s 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 1,250+ 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 founding in 2010. To learn more, please visit ryanspecialtyum.com.

For media Inquiries, please contact:

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