Ryan Specialty Holdings Inc Class A

Ryan Specialty Holdings, Inc. (NYSE: RYAN), founded in 2010, is an international specialty insurance services firm serving insurance brokers, agents, and carriers. It acts both as a wholesale broker and as a managing underwriter with delegated authority from insurance carriers. Its services cover distribution, underwriting, product development, administration, and risk management. Revenue comes mainly from net commissions and fees across its specialties. The business benefits from the flow of risks into the specialty and excess and surplus (E&S) markets and has meaningful exposure to both casualty and property lines. The company grows organically and through acquisitions, including managing general underwriters such as US Assure. In 2026 it began the Empower Program, a restructuring effort covering technology, data, and organizational initiatives. It is also investing in talent, AI, and data capabilities. The company returns capital through quarterly Class A dividends, LLC distributions, and share repurchases, while carrying roughly USD 3.7 billion of debt principal. Updated Oct 29, 2026