Global Indemnity
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The Insurance Insider US news team runs you through this week’s key agency M&A. -
The executive will head the newly formed GBLI subsidiary.
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CEO Joseph Brown said only that GBLI has had ‘conversations’ with James River.
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A cleaned-up combined entity could make for an attractive investment in a few years.
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Cove Street is 14th largest investor in Global Indemnity.
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Sources said that the E&S carriers are now poised to enter due diligence.
