Insurance agency Ryan Specialty Group has completed the sale of Doncaster-based Ryan Direct Group (RDG) to KIRS Group.
RDG provides insurance distribution and claims handling services. Its senior leadership team headed by CEO Derek Coles and chief financial officer Scott Hough will continue to lead the business.
Search and compare insurance product listings for Business from specialty market providers here
The sold firm will now operate under the name Direct Group.
Ryan Specialty Group founder, chairman, and CEO Patrick Ryan said RDG is a strong company that is “a great strategic fit” with its new organisation.
“We are pleased that our Direct Group colleagues are joining a firm that will continue to enhance their opportunities,” he commented.
Related stories:
JC Flowers looks to sell insurance broker - reports
International heavyweights battle for UK insurance brand