Insurance industry news from Ryan Specialty, FM Global, Signal Restoration and more featured in weekly update. (Photo: Shutterstock)
Ryan Specialty acquired Castel Underwriting Agencies Limited, a Managing General Underwriting platform, from Arch Financial Holdings Limited and minority shareholders. Castel is headquartered in London, England with additional offices in the Netherlands, Belgium and Singapore. The previous announcement dated December 21, 2023 regarding the signing of the definitive agreement can be found here.
Sedgwick offered new global aviation adjusting and surveying solutions from hubs across the Americas, Asia Pacific, Europe, Middle East and UK. The new solutions and additional market reach complement Sedgwick's longstanding capabilities in workers' compensation, disability and absence, job accommodations, liability, and property claims for the aviation sector.
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