Ryan Specialty Underwriting Managers (RSUM) has launched a managing general underwriter (MGU) focused on public sector risk underwriting solutions for organisations across the US.  

Operating as Ryan Specialty Public Entity, the unit will provide casualty and auto physical damage cover for publicly owned, tax-funded bodies, offering both insurance and reinsurance options.  

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The division’s services are designed for various government-related entities including cities, community colleges, counties, municipalities, school districts, special districts, state and local governments, towns state universities and villages.  

Chris Connacher has been appointed as the president of Ryan Specialty Public Entity.  

Commenting on the MGU formation, RSUM CEO Miles Wuller said: “The market for public entity insurance has become increasingly challenged and underserved, and we are pleased to bring this solution to the market. Chris Connacher comes to Ryan Specialty with extensive expertise in public entity underwriting, and we are thrilled to have Chris and his team as a part of RSUM.” 

Connacher said: “We are excited to be a part of the Ryan Specialty Underwriting Managers family, which supports us with financial strength, centralised technical assistance and policy life cycle administration.  

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“Ryan Specialty Public Sector is designed to respond to the well-recognised difficulties the public entity organisations face in securing tailored solutions that fit their sophisticated needs. Our solutions provide flexible structures and stability for municipalities, educational institutions and beyond.” 

Alongside this launch, Ryan Specialty has completed its acquisition of Stewart Specialty Risk Underwriting (SSRU), based in Toronto, Canada.  

SSRU focuses on large-account property and casualty risks that are considered high hazard.

Now part of the RSUM division, SSRU’s acquisition was first announced in October 2025.