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ProSight to Become Private Company After Being Acquired by Investors
IJ – January 20, 2021 – International investment management firm TowerBrook Capital Partners and private equity firm Further Global Capital agreed to acquire 100 percent…
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Specialty Insurer Hallmark Financial CEO Anand Resigns; AM Best Maintains ‘A-‘ Rating
IJ – January 20, 2021 – AM Best announced that it would not change the “A-” financial strength ratings of the members of Dallas-based specialty…
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Chubb Announces Partnership With Fintech
IBA – January 20, 2021 – Chubb has announced the launch of a new insurance partnership with Revolut, a financial technology company that provides digital…
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Gallagher Acquires California MGA, Atlas General
BI – Janaury 19, 2021 – Arthur J. Gallagher & Co. announced Tuesday it has acquired San Diego-based Atlas General Holdings LLC.
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Specialty Insurer ProSight Bought by Private Equity Group
BI – January 15, 2021 – ProSight Global Inc., a specialty insurer that went public in 2019, will be taken private in a deal with…
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Constellation Affiliated Buys Cyber Wholesaler and MGA
BI – January 14, 2021 – Constellation Affiliated Partners has acquired Atlanta-based specialty wholesale broker and managing general agent INSUREtrust LLC, which does business as…
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Ascot Group Names Chief Executive for US Insurance Unit
IBA – January 13, 2021 – Bermuda-domiciled specialty insurance and reinsurance group Ascot has appointed its US insurance boss.
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One80 Expands Online Platform for Hard to Place Risks with Acquisition of Commercial Insurance Group
January 12, 2021 – One80 is pleased to announce the acquisition of Commercial Insurance Group, LLC which includes its retail business, Strategic Insurance Agency, as…
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ReSource Pro Acquires Two Leading Insurance Industry Strategic Advisory Firms
NEW YORK, Jan. 12, 2021 – ReSource Pro, a global provider of operational solutions for insurance organizations, today announced it has acquired two strategic advisory…
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Allianz Out of the Blocks With Olympic and Paralympic Partnership
IBA – January 11, 2021 -The starting gun has fired on Allianz becoming the worldwide insurance partner of the Olympic and Paralympic movements.
