INSURASALES

Tag: Specialty Insurance

Westfield Sells Banking Unit to Focus on Core P&C Insurance and Specialty Growth

Westfield sells Westfield Bancorp to First Financial Bancorp for $325M, focusing on expanding its core P&C and specialty insurance businesses. Regulatory approval expected by Q4 2025.

Brown & Brown to Acquire Accession Risk Management for $9.8B, Expanding Specialty Brokerage

Brown & Brown announces $9.8 billion acquisition of Accession Risk Management, expanding its specialty brokerage and retail segments amid industry consolidation.

Ategrity Specialty Holdings Files IPO to Expand Specialty Insurance Capitalization

Ategrity Specialty Holdings initiates IPO priced $14-$16 per share to bolster capital and expand specialty P&C insurance operations, reporting strong net income growth for 2024.

Kestrel Group and Maiden Holdings Merge to Form Nasdaq-Listed Specialty Insurer

Kestrel Group and Maiden Holdings finalize merger, creating a Nasdaq-listed specialty insurance group focused on strategic underwriting and shareholder value.

Motion Specialty Gains Lloyd’s Coverholder Status for Niche U.S. Homeowners and Flood Insurance

Motion Specialty has secured approval as a Lloyd's of London coverholder to underwrite specialty insurance products including High Value Homes and Flood coverage, leveraging data-driven underwriting and technology focused on wholesale distribution.

Institutional Investors Adjust Stakes in Ambac Financial Group Amid Mixed Earnings

Ambac Financial Group sees varied institutional investor activity with recent stake adjustments amid mixed quarterly earnings results. The specialty insurance firm's financial metrics highlight market and operational challenges.

CRC Group Expands ExecPro Specialty Insurance Brokerage Through Acquisition

CRC Group strengthens its ExecPro specialty insurance practice through strategic acquisition of a major US wholesale brokerage, enhancing market presence and service capabilities.

U.S. Insurance Market Sees Strategic Acquisitions and Service Expansions

Explore the latest acquisitions and expansions in the U.S. insurance market, highlighting strategic growth in specialty, commercial, and regional insurance sectors.

Amwins Launches CoverCap for Middle-Market Commercial Property Coverage

Amwins introduces CoverCap, a new primary property coverage solution targeting middle-market commercial property risks up to $50 million TIV, enhancing underwriting efficiency and risk management.

Accelerant Expands Specialty Insurance Platform with Major Re/Insurer Integration

Atlanta-based insurtech Accelerant broadens its specialty insurance risk exchange by adding leading reinsurance and insurance firms to its data-driven platform, signaling increased tech integration in the sector.