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Ryan Specialty (RYAN) - 2025 Q3 - Earnings Call Presentation

Company Overview - Ryan Specialty is a rapidly growing provider of specialty products and solutions for insurance brokers, agents, and carriers[8] - The company was founded in 2010[9] - As of September 30, 2025 YTD, Ryan Specialty's total revenue growth was 24.2%[9] - As of September 30, 2025 YTD, Ryan Specialty's organic revenue growth was 11.4%[9] Market Position and Growth - Ryan Specialty is the 1st largest delegated underwriter[9] - Ryan Specialty is the 2nd largest U S P&C wholesale broker[9] - 78% of Ryan Specialty's premiums are placed in the attractive E&S market[13] - In 2024, Ryan Specialty's revenue growth with the top 100 retail brokerage firms exceeded Ryan Specialty's organic revenue growth of 12.8%[32] Financial Performance - Ryan Specialty's LTM Adjusted EBITDAC as of September 30, 2025, was $960 million[48] - As of March 31, 2025, Ryan Specialty had $153 million in unrestricted cash and cash equivalents[54] - In February 2025, Ryan Specialty increased its regular quarterly dividend by 9% to $0.12 per share on outstanding Class A common stock[55]