International specialty insurance company Ryan Specialty has appointed Stephen Stewart, president and CEO of Stewart Specialty Risk Underwriting, Ryan Specialty’s managing general underwriter (MGU), as CEO of Ryan Specialty Canada Limited.
Headquartered in Toronto, Ryan Specialty Canada Limited is a newly established Canadian operating and holding entity responsible for Ryan Specialty’s underwriting management business in Canada.
This marks the completion of the consolidation of Ryan Specialty’s Canadian operations, which includes the Canadian operations of the following MGUs: Alive Risk, Global Special Risks, PERse (Power, Energy, Risk), Ryan Transactional Risk, Stewart Specialty Risk Underwriting, Technical Risk Underwriters and Trident Marine Managers.
As CEO of Ryan Specialty Canada Limited, Stewart will lead the continued development of Ryan Specialty’s Canadian platform while maintaining the underwriting discipline and professional focus of each Canadian segment.
Ryan Specialty noted that the legal integration is ongoing and the team is actively working with new colleagues across underwriting, operations and support functions to build a unified Canadian platform.
Miles Wuller, CEO of Ryan Specialty Underwriting Managers, commented: “Bringing all of our managed general underwriters under one Canadian entity and proven national specialty insurance leader provides RSUM with a single, centralized view of the broader Canadian market. This integration enables each of our MGUs to more seamlessly leverage the broader RSUM platform to better serve our Canadian customers and trading partners.”
“Completing the merger and forming Ryan Specialty Canada Limited is an important milestone for our business,” Stewart said. “It formalizes the structure needed to support long-term growth in Canada and enables our team to better serve brokers and trading partners across the country.”
Prior to this announcement, Ryan Specialty completed the acquisition of Stewart Specialty Risk Underwriting in December 2025.
