Ryan Specialty has snapped up managing general agent 360 Underwriting, which is based in Ireland and has a focus on construction sector risks. It was founded in 2017 by Paul Sherry and Tommy Byrne. Following the deal, it will become a part of the Ryan Specialty Underwriting Managers division of Ryan Specialty.

Mark Birrell, executive chairman, Ryan Specialty Underwriting Managers International, said: “Paul and Tommy are well known in the market for their technical underwriting expertise when it comes to construction. Not only are they a perfect fit from a cultural perspective, but they are an excellent complement to our existing latent defect business and a natural entry point for Ryan Specialty to Ireland. We’re excited to welcome them to Ryan Specialty.”