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Acrisure recently raised $2.1bn from investors in its latest step towards an IPO. -
The deal leaves premier surety as Travelers' sole Canadian portfolio.
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Kestrel stock will begin trading on Nasdaq tomorrow under the symbol KG.
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Acrisure followed the recaps of Hub International and Broadstreet Partners.
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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 sale process was first reported by this publication three months ago.
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Sources said that negotiations are proceeding well with a path to do a cash deal.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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Unpacking how much excess capital there really is and dissecting the source of its returns.
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Previously, the auction drew takeover interest from DB and Dai-ichi.
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Sources said MarshBerry was retained earlier this year to run the sale.
