Ryan Specialty – a leading international specialty insurance firm – announced that it has signed a definitive agreement to acquire the business of J.M. Wilson Corporation. JM Wilson is based in Michigan, and its operations will become a part of RT Binding Authority, which is the binding authority specialty of Ryan Specialty.
Founded in 1920, JM Wilson has six offices throughout the US. The business offers a broad range of products, including personal lines and surety, and is particularly well-known for its transportation expertise. JM Wilson’s success in transportation is a result of the business’s historical underwriting profitability, which has enabled JM Wilson to maintain multi-decade relationships with high-quality carriers.
JM Wilson generated about $19 million of operating revenue for the 12 months ended January 31, 2025.
The terms of the deal were not disclosed. And the deal is expected to close in the third quarter of 2025.
Advisor: Philo Smith served as the exclusive financial advisor to JM Wilson.
KEY QUOTES:
“JM Wilson is very well respected in the industry, with its strong underwriting track record and client-focused approach. We are delighted to be able to add such high-quality talent to our organization. This team fills a critical need for RT Specialty, giving us a more robust Midwest binding authority presence and strengthening our transportation practice.”
Ed McCormack, CEO of RT Specialty
“We are thrilled to join RT Specialty and are very familiar with the team. For the past 100 years, we have prided ourselves in developing top talent and competing on expertise. Culturally, we know that Ryan Specialty shares our values. We look forward to the future as a part of the Ryan Specialty family.”
David Wilson, President of JM Wilson
