Ryan Specialty has made a conscious effort to reduce, reuse and recycle at every available opportunity. Our offices have recycling programs in place and provide reusable coffee mugs and kitchenware. We also purchase compostable or high post-consumer waste content paper napkin and towel products.

We have several initiatives in place to reduce our emissions on both an individual and company basis. Several of our buildings, including our home office in Chicago, are LEED certified, and we prioritize ENERGY STAR office equipment, appliances, and printers. To further lower our environmental impact, we have adopted an operating model that provides remote work flexibility, thereby reducing commuter travel. We are also working to reduce business travel through an enhanced use of technology.

Our wholesale brokerage specialists directly support renewable energy development by distributing critical insurance products for renewable energy facilities throughout the United States. Similarly, we have three managing general underwriters (two of which we founded, the earliest one in 2011)—PERse, PERse International and Albus—that specialize in insurance solutions for the renewable energy sector and are leaders in facilitating insurance coverage internationally for onshore and offshore wind and solar power facilities.

Our Foundation

Since the inception of Ryan Specialty, meritocracy, inclusion, empowerment and all of our other core values have been in place and essential as the foundation of our culture. Our core values are paramount to our workplace and enable our teammates to innovate the best solutions for our clients and trading partners. Every one of us contributes something unique and each voice adds to the whole. Our commitment is to continue to foster an environment wherein each person can be their authentic self and perform up to their highest potential, to self-optimize. Together, we continually work towards a culture where everyone thrives, achieves their best work and is rewarded based on that achievement.

Our Culture

At Ryan Specialty, our core values reflect a culture of meritocracy that is inclusive and treats people equally. Every employee is recognized and assessed based on their performance and contributions, which serves to fulfill our mission of hiring and retaining the top talent in our industry. We strive to protect the invaluable attributes of meritocracy and are committed to purposefully reinforcing and refining every aspect of our culture and values through various initiatives that enable our firm to reap the vast benefits that are inherent in a diverse and inclusive environment.

Our values set the foundation for a workplace where people can be their best self and do their best work. Ryan Specialty rewards top performers and harnesses our differences and similarities to better serve our clients, trading partners, teammates and communities.

Our Commitment Moving Forward

At Ryan Specialty, we are committed to building a culture where meritocracy is the standard, equality is championed for all, and inclusion is a fundamental part of who we are. Together, we can create an inclusive workplace that harnesses the full range of our team to better serve and innovate on behalf of our clients and trading partners.

Employee Engagement 

The development, attraction and retention of employees is a critical success factor for Ryan Specialty. As a result, we have established Ryan Specialty University, which combines classroom and on-the-job training practices. Ryan Specialty University provides world class training and development programs for our newest teammates. This formalized institution is critical to our future growth and ability to continue to recruit the best of the best.

Employee Wellness

In addition to our robust health benefits packages (which include competitive and subsidized medical, dental, and vision insurance coverages), Ryan Specialty has a suite of well-being benefits and resources that are designed to provide care for the physical, mental, and emotional health of our employees and their families. We also acknowledge and promote an environment where employees are enabled to find a balance between work and personal life.

Our well-being resources and tools are available to all employees and their families and include the following resources:

• Meditation and Mindfulness App: designed to reduce stress, promote better sleep, and lower anxiety.
• Counselling Services: provides confidential, short-term counseling services from licensed professional counselors.
• Personal Fitness App: provides access to at home workouts, nutrition guides, and mindfulness classes.
• Elderly Care App: a resource for employees and their families that provides expert coaching, support services, advice and tools.

Each year, Ryan Specialty collectively donates and/or sponsors over 250 charities, community outreach programs, and insurance industry programs. Each of our offices also organize grass roots volunteer opportunities and charitable events across the country. Some examples of the charities we support are as follows:

• Ronald McDonald house through an annual toy drive as well as providing meals for guests staying at the local facility.
• Up2Us Sports, which invests in the future of Chicago’s youth in creating stronger, safer, and healthier communities. Ryan Specialty sponsors a team of cyclists for their annual Spin to Break the Cycle event in Chicago.
• Chase Corporate Challenge, which provides funds to a number of local charities. Ryan Specialty has sponsored a team of walkers/runners for the past 5 years.
• We sponsor students every year from Cristo Rey Jesuit High School as part of the Corporate Work Study Program. The program develops critical social and technical skills and makes a private high school education affordable for disadvantaged students.
• Front line workers during the COVID-19 pandemic by donating to the American Nurses Association’s. Coronavirus Response Fund for Nurses. Hundreds of our employees participated in this matching-funds fundraiser.
• RT Specialty is a proud supporter of the Make-A-Wish foundation.
• Matching employee donations to My Brother’s Keeper.
• Matching employee donations to the NAACP.
• Matching employee donations to the National Urban League.

We maintain and adhere to a Code of Conduct which is distributed to every teammate of the firm. All teammates must annually acknowledge, in writing, that they have received, reviewed, and agree to abide by the Code.

Ryan Specialty has both a cybersecurity and privacy program, which include protocols, controls and training designed to protect Ryan Specialty systems and client and employee data. We are committed to complying with all applicable cybersecurity and privacy laws to maintain the trust our customers, teammates, and trading partners have when they share personal information with us.

Ryan Specialty has a dedicated Information Security team called InfoSec, whose mission is to secure system and network resources, and protect the confidentiality, integrity, and availability of the organization’s information systems and data. This is accomplished through a robust combination of training users to identify and avoid scams and attacks, technology-based defenses, and a comprehensive Incident Response Plan.

Ryan Specialty’s Board of Directors and executive leadership team include individuals from many underrepresented groups, thereby fostering variety in the thoughts and perspectives that lead and shape our firm.

We are committed to compliance with applicable laws and regulations, and we prohibit bribery and corruption in any form. Employees and trading partners are prohibited from directly or indirectly offering, promising, giving or authorizing anyone to give money or anything of value to a government official for the purpose of obtaining a business advantage.

Ryan Specialty is committed to conducting its business and operations with the highest ethical standards and in full conformity with the anti-money laundering (AML) and anti-bribery regulations and statutes. We are also dedicated to knowing our customers and potential customers. This commitment and understanding are necessary for Ryan Specialty and our employees to avoid criminal liability as a result of customers using the resources of the institution for illicit purposes (i.e., money laundering and the funding of terrorist or criminal activity). Employees are charged with being responsible to make all reasonable efforts to determine the true identity of its customers and to maintain a clear understanding of its customers’ financial needs and practices.

We have also developed internal guidelines, procedures, and controls designed to detect and deter money laundering and suspicious activities and the reporting of such transactions to appropriate parties/agencies as required. In addition, Ryan Specialty has internal policies, workflows, and procedures to ensure compliance with U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) prohibition against Specially Designated Nationals (SDN), Sanctioned Programs, and Sanctions Countries.

We utilize a third-party vendor to assist us in screening individuals, groups, third parties, and companies against designated sanction lists according to the territories in which we do business. Our screening process involves an enhanced due diligence, that involves assessing any material partnerships and alliances to understand and detect our clients and trading partners potential inappropriate and potentially unethical business activities.

We strive to conduct business with fairness, integrity, honesty and ethics and encourage behavior that will maintain the public’s confidence and trust in our operations.

To help meet these expectations, and pursuant to Sections 301(4)(B) and 806 of the Sarbanes-Oxley Act of 2002, the Audit Committee of Ryan Specialty’s Board of Directors has adopted a whistleblower policy with procedures for the receipt, retention, and treatment of complaints regarding accounting, internal accounting controls or auditing matters, the confidential, anonymous submission by employees of the company of concerns regarding questionable accounting or auditing matters, and to alert the audit committee to possible problems before they have serious consequences to the firm.