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With roughly 200 employees, the South American operations generated over EUR130mn in 2024 GWP. -
CEO David Howden accused rivals of “restricting choice for their own clients”.
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Verita leadership and staff will remain intact and “seamlessly functional”.
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The company was right to drop its reinsurance unit and refocus on its specialty roots.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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The Risk Strategies parent company had also been the subject of bids from Marsh and Howden.
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The wholesaler also paid nearly $29mn for the Irish MGU 360 Underwriting.
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AJ Gallagher has responded to a request for additional information under the HSR filing.
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DB reiterated that no final decisions have been made regarding a potential deal.
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AmeriLife and OneDigital are in the market while Relation is preparing for a liquidity event.
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Nationwide will delegate management of the policies to Ryan Specialty.
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The company provides management workflow for residential contractors.
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