Ascot acquires Boston Indemnity from Skyward to expand into surety
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Ascot acquires Boston Indemnity from Skyward to expand into surety

Jairo Ibarra
July 07, 2021
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Ascot’s US insurance division has acquired Boston Indemnity Company (BIC) from Skyward Specialty subsidiary-Great Midwest Insurance, in a move aimed at entering the US surety market.

BIC has licenses in 46 states, in addition to the District of Columbia. The companies didn’t disclose the terms of the transaction but said that it didn’t involve the transfer of any of Boston Insurance’s business or employees.

Skyward

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Jairo Ibarra
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