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Private Client Select Forms Exclusive Distribution Partnership with Ryan Specialty for Excess & Surplus Lines

Jul 25, 2024almost 2 years ago

Contract Type

partnership

New YorkInsurance

Description

Private Client Select Insurance Services LLC (PCS) has entered into an exclusive distribution partnership with Ryan Specialty (NYSE: RYAN) to establish a distribution partnership in the High and Ultra-High-Net-Worth markets in the United States. This partnership enables PCS to expedite growth and provide a broad range of solutions by mobilizing Ryan Specialty’s large distribution network of brokers to respond to the needs of clients with clear guidance on the risk profile.

Company Information

Company

Private Client Select Insurance Services (PCS)

Location

New York, New York, United States

About

Private Client Select Insurance Services LLC (PCS) is a leading independent Managing General Underwriter majority owned by American International Group, Inc. (AIG) and Stone Point Capital LLC.

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Strategic

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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