Insight and Intelligence on the London & International Insurance Markets

9 February 2012

R-T Speciality and CRC staff rail against restrictive covenants

17 May 2010

A lawsuit filed in Illinois over industry veteran Pat Ryan's audacious move this month to recruit over 100 employees from CRC Insurance Services claims that the staff left due to a conflict of interest at the US wholesale broking giant, and as such their "overreaching" restrictive covenants are void and unenforceable.

R-T Specialty is the new Chicago-based wholesale unit set up by Pat Ryan's start-up managing general agency Ryan Specialty Group (RSG). It will house many of the defecting CRC...

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