Ryan Specialty Holdings, Inc. Class A Common Stock (RYAN)

Competitors to Ryan Specialty Holdings, Inc. Class A Common Stock (RYAN)

Aon plc 

Ryan Specialty Holdings, Inc. and Aon plc compete in the insurance intermediaries market, where both companies offer various risk management and insurance brokerage services. Aon, being a larger entity with a more diversified portfolio, has a broad client base and extensive global reach. This size and integration provide Aon with economies of scale and a wider range of services, allowing them to cater to more complex client needs. However, Ryan Specialty specializes in providing service to unique and niche markets, often focusing on complex insurance products, which allows them to carve out a substantial niche for themselves despite Aon's larger scale.

Marsh & McLennan Companies, Inc. 

Marsh & McLennan and Ryan Specialty Holdings compete primarily through their insurance brokerage services, although Marsh & McLennan has a more extensive global network and diverse offerings, including consulting services in addition to insurance. The scale at which Marsh operates gives it a competitive edge in terms of brand recognition and customer retention. Ryan Specialty, however, focuses on specialty insurance and offers unique solutions in niche markets, which can be appealing to clients seeking tailored services. While Marsh has the advantage in size and resources, Ryan Specialty’s agility and specialized offerings may attract clients looking for specific expertise.

Willis Towers Watson

Willis Towers Watson and Ryan Specialty Holdings both engage in the insurance brokerage and risk management sectors, but Willis has a broader array of services across various industries, allowing it to compete for larger corporate clients. With its global presence and deep resources, Willis can address more comprehensive insurance needs. Ryan Specialty, by contrast, has distinguished itself through a focus on specialty insurance markets, often serving clients whose needs fall outside the standard practices of larger brokers. While Willis Towers Watson's size gives it a substantial market influence, Ryan Specialty’s specialization may provide it with a unique selling proposition to attract specific types of clients.