RSG Sweden Overview
Ryan Specialty Group Sweden AB (RSG Sweden) is a Managing General Underwriter (MGU) based in Stockholm that offers innovative products to both private and public corporations and municipalities within the Nordics and Continental Europe. This specialty MGU develops niche insurance solutions with a rapid response time and a strategic focus on serving clients.
RSG Sweden’s liability insurance is written on behalf of Lloyd’s Insurance Company S.A., giving insureds financial strength and expert claims handling. Lloyd’s Insurance Company S.A. upholds strong credit ratings, such as A+ by Standard & Poor’s and A from A.M. Best.
RSG Sweden (formerly named NUAL AB, a Navigators company) was formed in July 2008 and acquired by Ryan Specialty Group (RSG) in January 2017 as part of RSG’s expansion into Continental Europe. Joining RSG has enhanced RSG Sweden’s customer service and product offerings. In June 2018, RSG Sweden expanded its local operation by acquiring S&P Underwriting Agency AB (renamed RSG Construction & Specialty AB), which provides niche products for the construction industry, as well as for municipalities and public entities.
About Ryan Specialty Group
Ryan Specialty Group (RSG) was founded in 2010 by Patrick G. Ryan, the widely respected insurance veteran, founder and former Chairman and CEO of Aon Corporation. Mr. Ryan saw the need in the marketplace for a specialty organization dedicated exclusively to creating sophisticated insurance solutions for risks that demand innovation, proven leadership, outstanding industry expertise and quality services on behalf of brokers, agents and carriers.
Today, RSG is a leading international specialty insurance organization which offers delegated underwriting expertise in the form of binding authorities, national specialty programs, highly specialized managing general underwriters, wholesale brokerage services and other services designed specifically for brokers, agents and insurers. Ryan Specialty Group’s mission is to provide industry-leading innovative specialty insurance solutions for insurance brokers, agents and carriers.
The underwriting specialty of the company, RSG Underwriting Managers, delivers an independent and entrepreneurial approach to the specialty lines space by providing a unique platform for operational, legal, actuarial and technical support. RSG Underwriting Manager’s exceptional resources and back office support allows underwriters to be focused on the risk itself, delivering a superior level of service to brokers, agents and carriers. For more information, please visit rsgum.com.
Meet the Team
The MGU Advantage
Managing General Agencies and Managing General Underwriters (MGUs) have played an integral role in Lloyd’s strategy for decades. As a coverholder, the MGA/MGU model is an attractive conduit for allowing London and company markets to access expertise, distribution, and new products. Further, the model allows agents and brokers to access local regional markets, allowing service, document issuance, premium collection, and claims payment with limited initial capital or resource deployment.
For more information, visit www.lloyds.com.