The Most Loved Workplace Leaders Show with Patrick Ryan CEO of Ryan Specialty Group
About Patrick Ryan
A widely respected entrepreneur and global insurance leader, Patrick G. Ryan formed Ryan Specialty Group in 2010. Ryan Specialty is a rapidly growing service provider of specialty products and solutions for insurance brokers, agents and carriers. Ryan Specialty provides distribution, underwriting, product development, administration and risk management services by acting as a wholesale broker and a managing underwriter. The company has offices across North America, Europe and the UK. Prior to launching Ryan Specialty, Mr. Ryan founded Aon Corporation and served as its Chairman and CEO for 41 years. At Mr. Ryan’s retirement, Aon had more than 500 offices in 120 countries, generating revenues then in excess of $7 billion.
Mr. Ryan has received a number of accolades throughout his career. In 1987, Mr. Ryan received the esteemed Horatio Alger Award which honors those who are dedicated to the principles of integrity, hard work, perseverance and compassion for others. In 2008, Mr. Ryan was inducted in to the American Academy of Arts and Sciences, one of the nation’s oldest and most prestigious honorary societies and independent research centers, founded in 1780. Also in 2008, he was elected to the International Insurance Society Hall of Fame and received the Ernst and Young Entrepreneur of the Year Lifetime Achievement Award. He was named by Brigham Young University International Executive of the Year for Corporate Integrity. Other career tributes include Insurance Leader of the Year from St. John’s University, the Insurance Federation of New York’s Free Enterprise Award, and the inaugural inductee into the Business Insurance Hall of Fame. Most recently in July 2019, Mr. Ryan was inducted into the Automotive Hall of Fame for his contribution to the Finance and Insurance Specialists sector of the automotive industry.
Mr. Ryan has been a member of the Northwestern University’s Board of Trustees for 43 years, 14 years of which he served as Chairman. In 2009, Northwestern awarded Mr. Ryan a Doctor of Humane Letters degree. Also that year, Mr. Ryan was inducted into the Northwestern Athletic Hall of Fame. Four years later in 2013, Mr. Ryan received the Northwestern Alumni Association Medal of Honor. This award is the highest award granted by the Northwestern Alumni Association to an alumnus who combines superior professional distinction and/or exemplary volunteer service to society, with an outstanding record of service to Northwestern.
Mr. Ryan has received additional numerous Insurance and Community awards and also served as Chairman of the Chicago 2016 Olympic Bid Committee.
Ryan Specialty Group is loved because...
Employees at this Chicago insurance firm are encouraged to run with a good idea. The company says you will never hear “It’s not my job” spoken around the office. Mentorship is a constant thing
Patrick Ryan Serves as a Model of Ryan Specialty Group's Values because…
he leads by example. Pat Ryan founded Ryan Specialty based on his core principles of treating people fairly, empowering people to be their very best, and, most importantly, engaging with the highest integrity. “Do the right thing because it is the right thing to do.”
Louis Carter is the founder and CEO of Best Practice Institute, Most Loved Workplace, and Results-Based Culture. Author of In Great Company, Change Champions Field Guide, and Best Practices in Talent Management, as well as a series of Leadership Development books. He is a trusted strategic advisor and coach to CEOs, CHROs, and leaders of mid-sized to F500 companies – enabling change and steering employer brand development together with highly effective teams, leaders, and organizations as a whole.