RYAN SPECIALTY HOLDINGS, INC.

Ryan Specialty is an international specialty insurance intermediary founded in 2010 by Patrick G. Ryan. The company offers specialty insurance products, solutions, and services to insurance brokers, agents, and carriers. Ryan Specialty provides distribution, underwriting, product development, administration, and risk management services through its wholesale brokerage platform. It also offers delegated underwriting authority services on behalf of insurance carriers through its managing underwriter, binding authority, and national program operations. The company's expertise covers a wide range of insurance types, including property, casualty, professional lines, transportation, personal lines, workers' compensation, and employee benefits insurance. For retail insurance brokers, Ryan Specialty helps place complex or hard-to-place risks. For insurance carriers, it collaborates with retail and wholesale insurance brokers to source, onboard, underwrite, and service these types of risks. A significant majority of the premiums placed by Ryan Specialty are bound in the Excess & Surplus (E&S) market, which includes Lloyd's of London. The E&S market offers greater flexibility in terms, conditions, and rates compared to the Admitted or "standard" insurance market. Retail insurance brokers, including global, national, regional, and local firms, rely on Ryan Specialty for expertise in specialty insurance lines and access to coverage options for insureds.