Ryan Specialty Holdings, Inc. (RYAN) Q1 2023 Earnings Call Transcript

Ryan Specialty Holdings, Inc. (NYSE:RYAN) Q1 2023 Earnings Conference Call May 4, 2023 5:00 PM ET

Company Participants

Pat Ryan – Founder, Chairman and Chief Executive Officer
Tim Turner – President
Jeremiah Bickham – Chief Financial Officer

Conference Call Participants

Elyse Greenspan – Wells Fargo
Weston Bloomer – UBS
Tracy Benguigui – Barclays
Rob Cox – Goldman Sachs
Ryan Tunis – Autonomous Research
Mike Ward – Citi
Derek Han – KBW

Unidentified Company Representative

Good afternoon, and thank you for joining us today for Ryan Specialty Holdings’ First Quarter 2023 Earnings Conference Call. In addition to this call, the company filed a press release with the SEC earlier this afternoon, which has also been posted to its website at ryanspecialty.com.

On today’s call, management’s prepared remarks and answers to your questions may contain forward-looking statements. Investors should not place undue reliance on any forward-looking statement. These statements are based on management’s current expectations and beliefs and are subject to risks and uncertainties that could cause actual results to differ materially from those discussed today. Listeners are encouraged to review the more detailed discussion of these risk factors contained in the company’s filings with the SEC. The company assumes no duty to update such forward-looking statements in the future, except as required by law.

Additionally, certain non-GAAP financial measures will be discussed on this call and should not be considered in isolation or as a substitute for the financial information presented in accordance with GAAP. Reconciliations of these non-GAAP financial measures to the most closely comparable measures prepared in accordance with GAAP are included in the earnings release, which is filed with the SEC and available on the company’s website.

With that, I’d now like to turn the call over to Founder, Chairman and Chief Executive Officer of Ryan Specialty, Pat Ryan.