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This publication revealed last October that BroadStreet was seeking investors. -
Insurance Insider US examines potential tariffs’ impact on the PE-backed brokers amid the jammed conveyor belt.
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The executive was most recently chief revenue officer at Aon.
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Insurance Insider US revealed last December that the firm had retained RBC to run a strategic process.
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Sources said Brown & Brown has an advantage as it entered the process several weeks ago.
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This publication revealed earlier that Command was seeking a new backer.
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The unfunded commitment related to the investment was $24.4mn in 2024.
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There were no signs of deceleration in claims and insurance services M&A during February.
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Last October, this publication revealed that NSM was considering a carve-out of its B2B programs.
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The news comes around three months after GTCR agreed to sell AssuredPartners to AJ Gallagher for nearly $13.5bn.
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Sources said the Lake Mary, Florida-based firm is working with boutique bank Lincoln International.
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The PE firm held over 6.7 million Axis shares, around 8.2% of shares outstanding.
