What's Happening?
Patrick G. Ryan, a prominent figure in the insurance industry, founded Ryan Specialty in 2010. The company is an international holding firm that specializes in wholesale brokerage, insurance underwriting managers, and other specialty services for brokers,
agents, and insurers. Ryan Specialty operates across North America, the UK, and Europe. Before this venture, Ryan founded Aon Corporation, where he served as Chairman and CEO for 41 years, expanding it to over 500 offices in 120 countries with revenues exceeding $7 billion. Ryan has been recognized with numerous awards, including the Horatio Alger Award and induction into the American Academy of Arts and Sciences. He has also been a long-standing member of Northwestern University's Board of Trustees.
Why It's Important?
Patrick G. Ryan's contributions to the insurance industry have been significant, with Ryan Specialty playing a crucial role in providing specialized services that enhance the capabilities of brokers and insurers globally. His leadership at Aon Corporation set a precedent for international expansion and innovation in the insurance sector. The accolades he has received underscore his influence and commitment to integrity and excellence. Ryan's work not only impacts the insurance industry but also sets a benchmark for corporate leadership and community involvement, as evidenced by his role in educational and civic organizations.
