International specialty insurance firm Ryan Specialty Group has posted revenue of $386.9 million for the first quarter of 2022, representing growth of 24.2% over last year, including 20.4% of organic revenue growth.
Ryan Specialty explained that the high rate of organic revenue growth was driven by new client wins, expanded relationships with existing clients, an overall expansion of the E&S market, and premium rate increases, as well as revenue from recent acquisitions completed in the fourth quarter of 2021.