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The deal adds capacity to Fusion’s R&W, tax and contingency insurance businesses. -
The multiline MGA was co-founded by Lea's fellow Vantage alum Farhan Shah.
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This publication had reported the program manager’s plans in April.
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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.
