New Practice Vertical Created – Marine and Traditional Energy
NOVEMBER 23, 2020 | CHICAGO, IL – RSG Underwriting Managers, LLC is pleased to announce the consolidation of two of its current underwriting manager businesses, Trident Marine Managers (Trident) and Global Special Risks (GSR), and the creation of a new practice vertical, Marine and Traditional Energy.
Both managing general underwriting companies will keep their name brands and will fall under the newly created Marine and Traditional Energy Practice run by Jorge Pecci, RSG Underwriting Managers Marine and Traditional Energy Head. Commenting on this move, Jorge said, “Consolidating Marine and Traditional Energy will concentrate RSG Underwriting Managers’ resources in these two important market sectors. The RSG Underwriting Managers Marine and Traditional Energy vertical will enhance our marketing and underwriting capability and take advantage of cross-selling opportunities, an important consideration to both our broker clients and their client insureds.”
Michael Johnson and Martin Hayes, Managing Directors of Trident Marine Managers, added, “Trident is a natural fit for GSR. We share the same values, the same focus, and the same will to win while providing unparalleled underwriting expertise and insurance solutions. We could not be more excited about bringing these two remarkable businesses together. The combination of resources and talent enables us to continue to raise the bar for excellence in the marine and traditional energy space. We are looking forward to great days ahead.”
Trident and GSR combined are headquartered in Houston, TX and have additional offices in New Orleans, LA, Lodi, CA and Boston, MA, with total annual premiums in excess of $75M.
For further information, please contact:
Jorge Pecci, Marine and Traditional Energy Practice Head, RSG Underwriting Managers
Direct: 312 651 4411 | e-mail: Jorge.Pecci@safewatersmarine.com
Michael Johnson, Managing Director, Trident Marine Managers
Direct: 281-453-1118 | email: Michael.Johnson@tridentmm.com
Martin Hayes, Managing Director, Trident Marine Managers
Direct: 281-453-1119 | Martin.Hayes@tridentmm.com
About RSG Underwriting Managers
RSG Underwriting Managers, LLC, a Delaware Series limited liability company and subsidiary of Ryan Specialty Group, LLC (RSG), provides underwriting management and other services for insurance products distributed through agents and brokers. RSG Underwriting Managers, LLC does not solicit insurance from the public. Some products may only be available in certain states, and some products may only be available from surplus lines insurers. In California: RSG Insurance Services, LLC License # 0E50879. ©2020 Ryan Specialty Group, LLC.
About Trident Marine Managers
Trident Marine Managers, Inc. (Trident) is a subsidiary of RSG Underwriting Managers, LLC, and Ryan Specialty Group, LLC, specializing in underwriting management and other services for insurance products distributed through agents and brokers. Trident is a leading managing general underwriter for the specialty marine and offshore energy industries. Some products may only be available in certain states and some products may only be available from surplus lines insurers. In California: Trident Marine Insurance Services, Inc., License # 6000675 ©2020 Ryan Specialty Group, LLC.
About Global Special Risks
Global Special Risks, LLC (GSR) is a subsidiary of RSG Underwriting Managers, LLC and Ryan Specialty Group, LLC, specializing in underwriting management and other services for insurance products distributed through agents and brokers. GSR is a leading managing general underwriter providing solutions for complex traditional energy risks. Some products may only be available in certain states, and some products may only be available from surplus lines insurers. In California: GSR Insurance Services, LLC License # 0M07586. ©2020 Ryan Specialty Group, LLC.