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The consideration in this deal will also include $2.2mn of Ryan Specialty Class A common stock. -
Sources said Federer will assume the executive director role at Atlantic later this month.
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This publication revealed that the firm is working with Jefferies on the sale of its A&H MGA Armada.
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Former NTUM president Justin Joyce will lead the ANTU binding unit.
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The company is understood to be working with Ardea Partners.
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It is understood that the company needs to secure cash within less than 30 days.
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Farmers is working with Jetty to help ensure a smooth transition.
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The front has lined up its first 10 programs and is confident it will get at least seven or eight of them.
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Flexpoint secured a higher sum-of-the-parts valuation by facilitating the break-up.
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The filing comes four months after Insurance Insider US revealed Bowhead’s intentions to launch an IPO this year.
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Beckham will succeed Ben Francavilla, who is retiring.
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The MGA’s underwriting capacity for casualty programs now totals $17mn.
