Global specialist insurer Ryan Specialty has agreed to acquire the business of JM Wilson, a Michigan, US-based insurance company.  

The deal, the financial details of which were not made public, is expected to conclude in the third quarter of 2025 (Q3 2025).  

It will result in JM Wilson’s operations becoming part of Ryan Specialty’s RT Binding Authority specialty division. 

Set up in 1920, JM Wilson has six offices across the US. The company offers an array of insurance services including personal lines and surety, with a focus on transportation.  

In the 12-month period ending 31 January 2025, JM Wilson reported operating revenue of around $19m.  

Philo Smith was the exclusive financial advisor to JM Wilson for this deal. 

RT Specialty CEO Ed McCormack said: “JM Wilson is very well respected in the industry, with its strong underwriting track record and client-focused approach. We are delighted to be able to add such high-quality talent to our organisation. This team fills a critical need for RT Specialty, giving us a more robust Midwest binding authority presence and strengthening our transportation practice.” 

JM Wilson president David Wilson stated: “We are thrilled to join RT Specialty and are very familiar with the team. For the past 100 years, we have prided ourselves in developing top talent and competing on expertise. Culturally, we know that Ryan Specialty shares our values. We look forward to the future as a part of the Ryan Specialty family.” 

The acquisition follows Ryan Specialty’s purchase of 360° Underwriting, an Irish managing general underwriter specialising in commercial construction insurance.  

360° Underwriting was integrated into Ryan Specialty’s Underwriting Managers division.