Ryan Specialty expands US offerings with public sector MGU

John Johnson ; 2025-12-11 05:13:08

Chris Connacher was tapped to lead the new division

Insurance News

By Josh Recamara

Dec 04, 2025Share

Ryan Specialty Underwriting Managers (RSUM), the underwriting management division of Ryan Specialty, has launched a new MGU focused on the public sector.

Called Ryan Specialty Public Entity, the MGU will provide casualty and auto physical damage coverage to publicly owned, tax-funded entities across the US, on both insurance and reinsurance bases.

Bespoke solutions for public entities

Ryan Specialty Public Entity offers coverage for single and group tax-funded organizations, including cities, counties, municipalities, special districts, state and local governments, among others. The MGU is designed to address a dislocated market through underwriting expertise, innovation and responsiveness.

Chris Connacher has been appointed president of Ryan Specialty Public Entity. He brings extensive public entity underwriting experience to the team, focusing on flexible and stable coverage solutions for municipalities, educational institutions and other public organizations.

Miles Wuller, CEO of RSUM, said the public entity insurance market has become increasingly challenged and underserved, adding that Ryan Specialty Public Entity is well-positioned to fill this gap. Connacher noted that joining RSUM provides centralized technical support, allowing the team to respond effectively to the difficulties public organizations face in securing appropriate coverage.

Strengthening US financial lines capabilities

The launch builds on RSUM’s recent expansion in the professional liability space.

RSUM recently rebranded its North American Professional Liability (NAPL) team as Ryan Financial Lines. The team underwrites professional service businesses across the US, including law firms, accounting firms and others. Supported by a global A+ rated carrier, Ryan Financial Lines offers both primary and excess layer coverage, strengthening RSUM’s international portfolio and providing high-quality solutions across the professional liability spectrum.