Ryan Specialty Launches Clach Casualty to Address Complex Construction and Real Estate Risks

What's Happening?

Ryan Specialty has announced the formation of Clach Casualty Underwriting Managers, a managing general underwriter (MGU) focused on providing casualty insurance for complex construction and habitational real estate risks. Clach Casualty began operations in September 2025 and distributes its business exclusively through U.S. wholesale brokers. The MGU offers primary and excess casualty coverages tailored for high-risk industries, including a general liability program for New York contractors and owners, general liability-only wraps, and general liability for habitational real estate. The targeted real estate risks include apartments, condos, co-ops, and townhomes. Clach Casualty is led by Adam Schnell, who brings over 30 years of experience in casualty insurance.

Why It's Important?

The launch of Clach Casualty addresses a critical gap in the general liability and excess insurance market, particularly for brokers and their contractor and property owner clients. By focusing on high-risk industries, Clach Casualty aims to provide innovative solutions and industry-leading service. This development is significant for the construction and real estate sectors, which often face complex liability challenges. The introduction of specialized insurance products can help mitigate risks and provide more comprehensive coverage options for businesses operating in these industries.

What's Next?

Clach Casualty will continue to expand its offerings and strengthen its position in the market. As the MGU gains traction, it may explore additional coverage areas and partnerships to enhance its service delivery. The broader insurance industry will likely monitor Clach Casualty's progress to assess its impact on market dynamics and competition. Stakeholders, including brokers, contractors, and property owners, will evaluate the benefits of Clach Casualty's products in managing their liability risks.