United Risk Acquires WTW’s Verita, Rebrands as Verist to Expand Specialty Insurance
United Risk acquires WTW's Verita, rebranding it as Verist to enhance specialty insurance services across multiple sectors including real estate and life sciences.
United Risk acquires WTW's Verita, rebranding it as Verist to enhance specialty insurance services across multiple sectors including real estate and life sciences.
Starwind Specialty, part of CRC Group, appoints Alex Bonds as co-president alongside Brian Norman, marking a key leadership development in the specialty insurance sector.
White Mountains Insurance Group to acquire 51% of Distinguished Programs MGA in a $230M deal, expanding specialty lines in the property and casualty market with diverse insurance portfolios.
CRC Group announced the acquisition of Lloyd’s managing agency Atrium Underwriting, expanding its specialty insurance and reinsurance capabilities. The deal highlights industry consolidation and strategic growth in specialty lines.
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 announces $9.8 billion acquisition of Accession Risk Management, expanding its specialty brokerage and retail segments amid industry consolidation.
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 finalize merger, creating a Nasdaq-listed specialty insurance group focused on strategic underwriting and shareholder value.
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.
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.