R-T Specialty Buys IFIS to Augment Workers' Comp Offerings

R-T Specialty, the brokerage arm of Ryan Specialty Group, has reached an agreement to acquire International Facilities Insurance Service, a Los Angeles-based specialty broker that provides insurance network services.A privately-held, independent wholesaler, IFIS specializes in providing workers' compensation coverage complemented by general commercial liability wholesale activities with expertise in oil and gas, and in trucking and transportation risks, R-T Specialty said in a press release. IFIS became part of RT, effective Jan. 1. Terms of the agreement were not disclosed."IFIS has built...