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The Insurance Insider US news team runs you through this week’s key agency M&A. -
The Bain-backed fronting carrier acquired Spinnaker’s shell subsidiary earlier this year.
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Following the closing of the deal, Aviad Pinkovezky will be named First Connect CEO.
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The UK and Ireland have also seen “increased activity”, with four deals announced.
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Sources said that the AmTrust-backed fronting carrier has retained Evercore to run the process.
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Nicola Gaisford joined RiverStone from R&Q last year.
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The MGA platform will become part of Ryan Specialty Underwriting Managers.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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Sources said the brokers are in the final stages and could seal a deal in the next couple of weeks.
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Management is showcasing its ambition, but it’s also dialing up risk.
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The retail broker upsized its revolving credit and delayed draw term facilities.
