Around the P&C insurance industry: January 5, 2022

News from Valley Insurance Agency Alliance, Ryan Specialty Group, RIMS and more.

News from Valley Insurance Agency Alliance, Ryan Specialty Group, RIMS and more. (Photo: Shutterstock)

Valley Insurance Agency Alliance provided nine scholarships to students through its Insuring Rural Communities Scholarship Initiative. The scholarship – designed to enhance the sustainability of rural community residents through post-secondary education opportunities – is a partnership created by VIAA, the Scholarship Foundation of St. Louis, and Travelers Foundation.

Ryan Specialty Group acquired certain assets of Keystone Risk Partners, LLC based in Media, PA. Previous announcement dated December 13, 2021.

RIMS, the risk management society®, announced that Patrick Sterling will lead the Society as president for the 2022 term, effective January 1.

Beat Capital Partners Ltd. sold Tarian Underwriting Ltd to Corvus Insurance, provider of smart commercial insurance products powered by AI-driven risk data. Established in 2016, Tarian has since become a leading cyber underwriting platform providing market-leading solutions to an ever-changing cyber risk environment and underwrites on behalf of a consortia of Lloyd’s syndicates.

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