On May 1, 2023, Midwest Holding announced that it is to be acquired by Antarctica Capital for $27.00 per share. Insurance Advisory Partners rendered a fairness opinion to the Board of Directors of Midwest in connection with the transaction.
On April 5, 2023, Assured Guaranty Ltd. announced that it will contribute Assured Investment Management, LLC to Sound Point Capital Management, L.P. in return for a 30% equity stake in the combined entity, subject to potential post-closing adjustments. The transaction is expected to be completed in Q3 2023, subject to customary regulatory approval.
On February 27, 2023, Integrum Holdings LP (“Integrum”) announced its partnership with and investment in Strategic Risk Solutions (“SRS”). The newly formed partnership will further enhance SRS’s services within captive insurance and alternative risk markets.
February, 2023: Brookfield Underwriting AB (“Brookfield”), a specialty MGA based in Stockholm focused on fine art and high net worth, has been acquired by Säkra AB (“Säkra”), one of Sweden’s largest insurance intermediaries.
Insurance Advisory Partners Advised Brookfield On Its Sale To Säkra Read More »
On February 1, 2023, United Insurance Holdings Corp. has completed a two-part transaction with Slide Insurance Company. The transaction involved the sale of certain assets to Slide and the execution of a renewal rights agreement.
On January 30, 2023, reThought announced the completion of its Series B financing. The financing round was led by IA Capital Group. Existing investors, Hudson Structured Capital Management, Telstra Ventures, and ArcTern also participated in the round.
Insurance Advisory Partners Advised reThought Insurance Corp. On Its Series B Financing Read More »
Attached is Insurance Advisory Partners’ latest quarterly Senior Executive Interview. This quarter’s interview is with Rob Schimek, Group CEO of bolttech, in which he discusses building a startup into a unicorn as well as his views on the insurtech market.
Quarterly Executive Interview with Rob Schimek; Group CEO of bolttech Read More »
Fidelis Insurance Holdings Limited (“Fidelis”) announced that it is bifurcating its business into a new Managing General Underwriter (“Fidelis MGU”) and the existing balance sheet insurance companies (“Fidelis Balance Sheet Companies”). Fidelis MGU secured equity investments from an investor group led by Capital Z Partners. Other investors include The Travelers Companies, Inc., Blackstone, Further Global Capital Management, and Alfa Insurance.
Attached is the latest quarterly senior executive interview that IAP will distribute on critical industry topics, designed to provide value to our clients. This quarter’s interview is with Grahame Millwater, President, Global Insurance at Acrisure, where he gives his perspective on Acrisure’s growth and the overall state of the insurance and reinsurance market.
The reinsurance industry is increasingly united behind the belief that it has been taking increasing risk for inadequate rates, and instead needs to be paid for the risk it assumes, Tony Ursano has said.
Ursano: Reinsurers “had enough” of more risk for less reward Read More »
New York, 12 September 2022: Insurance Advisory Partners, the specialist insurance M&A, strategic advisory and capital-raising employee-owned partnership, today announces the appointment of Robin Mackie as Senior Advisor in London and Samantha Hagar as Associate in New York.
Insurance Advisory Partners Expansion Continues with London and New York Appointments Read More »
On July 15, 2022, ABR Reinsurance Capital Holdings Ltd. (“ABR Re”) closed a $210 million primary issuance of common shares. The shares were issued to a privately-held investment firm with over $80bn of assets under management.
Insurance Advisory Partners Advised ABR Re On Its Primary Issuance Of Common Shares Read More »
Below is a new quarterly executive interview that IAP will distribute on critical industry topics, designed to provide value to our clients. This quarter’s interview is with Pascal Millaire, the CEO of CyberCube, and covers timely issues on the cyber risk market.
Quarterly Executive Interview – Pascal Millaire, CEO of CyberCube Read More »
Insurance Advisory Partners co-founders Tony Ursano and David Kimmel have told The Insurer TV that M&A activity should remain strong this year, with two drivers being the insurance services sector remaining “white hot” and insurtechs pondering their next stages of growth.
Insurance Advisory Partners: Need for scale in insurtech space to drive M&A Read More »
New York, 11 April 2022: Insurance Advisory Partners, the specialist insurance M&A, strategic and capital-raising advisory firm, today announces the appointment of Bhaven Pathak as partner and head of UK & Europe, effective 1st May, subject to regulatory approval.
Insurance Advisory Partners appoints Bhaven Pathak MBE to lead London expansion Read More »