M&A

Carl Bauer-Schlichtegroll said InsurTechs in the IPO market attracted a lot of investors who did not understand the complexities of the insurance market.

With the acquisition, the broker will expand its US hospitality, restaurants, entertainment and aviation operations.

The target firm deals in engineering, energy, P&C and specie.

The investor agreed to buy Ascot in 2016 and Wilton in 2014.

Meeker Sharkey & Hurley specializes in non-profit organizations, financial institutions, manufacturing and distribution, public entities, higher education, and high-net worth individuals.

In his new role, the executive will provide risk management services to Alliant’s healthcare, life sciences and technology clients.  

The higher level of repurchases seen in Q3 will likely last longer than expected.

The classic car MGA had previously agreed on a SPAC merger deal with Aldel Financial.

Following the deal, InSource’s 45 employees operating from offices in Midland and Odessa, Texas, will join MMA.

With the deal, Risk Insurance expands its professional liability, construction, real estate, hospitality, not-for-profits and the high-net-worth operations.

NFP purchase of Connecticut-based Insurance Provider Group is the latest in a series of expansion moves in 2021.

In an interview, the new Gallagher Re CEO noted that his former company had been weighed down by nearly two years of uncertainty, telling this publication: “That stops today.”