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Challenges include integration, delevering, winning staff over and building a compelling equity story. -
The MGA platform has been under auction since last year.
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GeoVera’s UW operations go to SageSure, while its insurance companies merge with SafePort.
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Fleming had attempted to land ~$78mn in ‘economic concessions’ on the deal.
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The Insurance Insider US news team runs you through the past week’s key M&A deals.
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The acquisition announcement is Doxa’s second this week.
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The deal includes an LPT of ~$2bn loss reserves for 2016-2023 years with Arch Re.
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Argo will initially front the business under a 100% quota agreement with ASU.
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The company has retained Tony Ursano’s IAP for the raise.
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A deal was announced last July, with Cathay agreeing to take a 16.75% GIH stake.
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This is the second recent deal in the US crop sector after the $240mn AIG-AFG transaction.
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RLL offers a fully insured and captive program to multifamily owners and managers.
