Ryan Specialty Group has announced a new formalized leadership structure for its subsidiary, Ryan Re Underwriting Managers. Founded in 2019, Ryan Re specializes in North American property and casualty treaty reinsurance and underwrites on behalf of Nationwide.
Effective immediately, the leadership structure for Ryan Re is as follows:
- Brian Boornazian: executive chairman
- Emil Issavi: CEO and president
In these roles, Boornazian and Issavi will continue to be actively engaged in all aspects of Ryan Re’s management, underwriting and business development.
“These executives are exceptional and have developed Ryan Re from its incubator stage to a thriving, ongoing entity,” said Patrick G. Ryan, chairman and CEO of Ryan Specialty Group. “Through Brian and Emil’s leadership, with strong support from our partners at Nationwide, in less than two years Ryan Re has established itself as a premier market for North American property and casualty treaty business. We want to thank our clients and brokers for the tremendous support and look forward to expanding our relationships.”
Ryan Re has also appointed Steve Capodanno as chief operating officer. Capodanno will retain his current responsibilities as head of claims in addition to the new role.