Sentry Insurance announced it has agreed to purchase VikingInsurance from United Kingdom-based Royal & SunAlliance pendingregulatory approvals. Terms of the transaction were notdisclosed.
Sentry Insurance, Stevens Point, Wis., said that the deal willdouble its presence in the specialty auto insurance market. Thecompany would not confirm nor deny reports that the transaction wasa $200 million cash sale.
Viking Insurance, Madison, Wis., is a provider of specialty autoinsurance through 7,900 independent agencies and brokers in 27states.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
