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This publication had reported the program manager’s plans in April. -
The acquisition allows AM Specialty to expand its E&S offerings.
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The carrier said the office in Belgium “doubled down” on its commitment to Europe.
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The acquisition expands Doxa’s mental health and wellness presence.
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Ex-PartnerRe executive Joe Hissong will serve as the underwriter’s COO.
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CNA has been part of Euclid’s panel in EMEA since early 2022.
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It will offer over $250mn in capacity targeting clients in California and the Pacific Northwest.
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The company writes roughly $300mn with Ebitda of roughly $30mn.
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This is Chubb’s second MGA deal in the past few months.
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Ambac also announced it was selling its financial lines book to Oaktree for $420mn.
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The move comes as the wait for a deal for the whole group passes the six-month mark.
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Sentry launched its specialty lines division in 2022.
