Timothy W. Turner, a longtime senior executive at Ryan Specialty Holding Inc., will succeed the company’s founder Patrick G. Ryan as CEO of the specialty intermediary on Oct. 1, as Mr. Ryan moves to executive chairman, the company announced Monday.
Mr. Turner is currently president of Ryan Specialty and chairman and CEO of Ryan Turner Specialty, its wholesale brokerage unit.
Before joining Ryan Specialty, Mr. Turner was president of rival CRC Insurance Services Inc. He joined Ryan Specialty when it was founded in 2010. Dozens of other former CRC employees joined him.
Mr. Ryan, who founded Aon PLC, has led Ryan Specialty for the past 14 years, growing it into the third-largest specialty intermediary and taking it public in 2021.
In addition to Mr. Turner’s appointment, Jeremiah R. Bickham was named president of Ryan Specialty – previously, he was chief financial officer – and Janice M. Hamilton, chief accounting officer, will succeed him as CFO.
Mr. Bickham joined Ryan Specialty in 2011 from KPMG LLP, and Ms. Hamilton joined in 2018 from AmTrust Financial Services Inc.