R-T Specialty, the wholesale brokerage unit of Ryan Specialty Group, has acquired Los Angeles-based Chartwell Independent Insurance Brokers.
Chartwell was launched in September 2004. Recently, Chartwell expanded its operations to include binding authorities and programs that complement its property-casualty capabilities.
Ben Beazley, managing director and CEO of Chartwell, said: “We partner with insurers to fulfill the needs of the agent and broker community, which more and more frequently require a depth of services and a knowledge base that can only be gained through the investment and development of a highly-skilled, experienced, quality team.
By joining forces with RSG/R-T Specialty, the Chartwell team will be able to bring greater services to our clients; RSG/R-T Specialty will benefit from the products and market relationships Chartwell has developed over the years.”
Tim Turner, president and CEO of R-T Specialty, said: “Chartwell exemplifies R-T Specialty’s mission of delivering measurable value to the insurance marketplace. It is a marvelous fit for R-T Specialty and we look forward to working together to provide outstanding service to agents, brokers and their insureds.”