The president of the National Association of Mutual Insurance Companies says the Volcker rule contains ambiguities that could potentially inappropriately impact property and casualty insurers that have banks or thrifts.
LexisNexis Risk Solutions has entered into a definitive agreement to sell its insurance software solutions business to the San Francisco-based private-equity firm Genstar Capital.
LexisNexis Risk Solutions has entered into a definitive agreement to sell its insurance software solutions business to the San Francisco-based private equity firm Genstar Capital. Genstar is expected to resurrect the Insurity brand once the deal is completed, according to Donald Light, senior analyst with Celent.
LexisNexis Risk Solutions has entered into a definitive agreement to sell its insurance software solutions business to the San Francisco-based private equity firm Genstar Capital. Genstar is expected to resurrect the Insurity brand once the deal is completed, according to Donald Light, senior analyst with Celent.
With $60 million in equity capital supporting them, two veteran insurance-industry executives, Pat Kilkenny and Bob Kimmel, have formed K2 Insurance Services LLC, a managing general agency that seeks to acquire other MGAs.
In a globe-straddling twist on the family-owned regional agency, U.K.-owned Bartlett & Co. Inca winner of the 2011 NU/AA&B Commercial Agency Awards for Excellence.combines a unique international footprint, a focus on niche markets and innovative promotional strategies to create a formidable and fast-growing business thats more than equal to the...
With $60 million in equity capital supporting them, two veteran insurance industry executives, Pat Kilkenny and Bob Kimmel, have formed K2 Insurance Services, LLC, a managing general agency that seeks to acquire other MGAs.
Private-equity firms are still interested in acquiring specialty wholesalers and managing general underwriters, but they are up against some aggressive competitors offering higher deal prices—like 6- to 8-times EBITDA, consultants say.
Private-equity firms are still interested in acquiring specialty wholesalers and managing general underwriters, but they are up against some aggressive competitors offering higher deal prices—like 6- to 8-times EBITDA, consultants say.