Bermuda-based Enstar Group (ESGR) has signed definitive agreements with Arden Holdings to acquire Atrium Underwriting Group and Arden Reinsurance Company for approximately $183m and $79.6m respectively. Enstar CEO Dominic Silvester said, ...
Tags: Enstar, Arden Reinsurance
Hub International Mountain States, a subsidiary of insurance brokerage firm Hub International, has completed acquisition of the assets of Beartooth Insurance for an undisclosed sum. Located in Montana, Canada, Beartooth Insurance is a ...
New York City-based private equity company Southport Lane has acquired Imperial Management Corporation along with its subsidiary, Imperial Fire & Casualty, in an all-cash transaction. Headquartered in Louisiana, US, Imperial Fire & ...
Tags: insurance, Southport Lane
New York-based Utica National Insurance Group (Ultica) has deployed MajescoMastek's STG billing system on a private cloud to improve its customer experience. Replacing its 30 year old traditional billing system, STG billing solution will ...
US-based independently owned insurance brokerage Oswald Companies has purchased McManamon Financial Services, an Ohio-based company specializing in group benefits insurance, as part of its continues growth and expansion strategy. ...
Florida-based holding company Homeowners Choice has changed its name to HCI Group, Inc., following approval from shareholders. Change to the company's name is expected to provide several benefits, including improved representation of the ...
Tags: HCI Group, Homeowners Choice
US specialty underwriter, Victor O. Schinnerer & Company has introduced a new, stand-alone workers compensation program for small to midsize companies. Scheduled to be offered through an "A-rated insurance carrier" for companies with ...
Tags: Schinnerer, Stand-Alone Workers
Myanmar's Directorate of Investment and Company Administration (DICA) has granted a regulatory approval to The ACE Group for establishment of a representative office in the country. Scheduled to be opened in Yangon, the new office will ...
Tags: ACE Group, Investment
US property and casualty insurance broker Keystone Insurers Group has added Denham Agency, an Americus-based insurance agency, as its 14th partner in Georgia, US. Founded in 1984, The Denham Agency serves insurance needs of individuals, ...
Tags: Keystone Insurers, Denham Agency
Insurance Bureau of Canada (IBC) has promoted Amanda Dean as regional vice president for Atlantic Canada, to oversee its government relations activities and community and stakeholder outreach initiatives across the region. Dean, who ...
Boston-based property and casualty insurer Liberty International Underwriters (LIU) has introduced a new policy to cover marine liability and property related risks for small and mid-size marine businesses owners and operators. Dubbed LIU ...
ACE Group, a multiline property and casualty insurer, has introduced a suite of surety products for the Italian market, in an effort to continue expansion of its international capabilities in the Continental Europe region. Supported by ...
Tags: ACE, Surety Products
Multinational insurance holding company AmTrust Financial Services has purchased Mutual Insurers Holding Company (MIHC) and its subsidiary, First Nonprofit Insurance Company (FNIC). Headquartered in Chicago, Illinois, FNIC offers low ...
Tags: insurance carrier, insurance
Fairfax Financial Holdings has signed a merger agreement to enable Hartville Group of Canton, Ohio, to become a wholly-owned firm of Crum & Forster's US Fire Insurance, subject to customary conditions including regulatory approval. The ...
Tags: Fairfax, Hartville Group
Privilege Underwriters Reciprocal Exchange (PURE) is expanding availability of its tailored property and casualty insurance coverage to additional members having well-built, high-value homes in Kentucky, US. The generous coverage and an ...
Tags: Policyholders, Service