Risk Strategies has acquired GMC Advisors, based in Houston. Terms of the deal were not disclosed. Headed by owner Greg Chubon, GMC Advisors is a specialist in commercial lines insurance products, with a focus on the construction and manufacturing industries, as well as companies in the energy sector. Founded in 2003, the firm has built a record of consistent growth propelled by specialty knowledge and a focus on helping middle-market companies in target industries.
Plymouth Rock Assurance is now an affiliate with the New Jersey Business and Industry Association. This opportunity reflects Plymouth Rock’s commitment to supporting NJBIA members and their employees with valuable benefits, tailored coverage options and dedicated service.
Aspen Insurance Holdings Limited launched its initial public offering of 11 million of its Class A ordinary shares, par value $0.001 per share, all of which will be sold by certain entities managed by affiliates of Apollo Global Management, Inc. In connection with the offering, the selling shareholders have granted the underwriters a 30-day option to purchase up to an additional 1.65 million ordinary shares. The initial public offering price is expected to be between $29 and $31 per ordinary share. Aspen’s ordinary shares have been approved for listing, subject to official notice of issuance, under the ticker symbol “AHL” on the New York Stock Exchange.
RIMS has announced Jennifer Pack, vice president of risk management for Hyatt, as the 2025 RIMS Risk Manager of the Year. Mark Saltsgaver, vice president, corporate risk management, for Eli Lilly and Company was inducted into the Risk Management Honor Roll. Jennifer and Mark will be presented with the honors at RISKWORLD in Chicago in May. The Risk Manager of the Year program aims to raise the profile of the risk management profession and the outstanding programs the honorees have implemented within their organizations. The program was initiated in 1977, and the Risk Management Honor Roll was added in 1981.
RIMS has entered into two separate agreements to deliver risk management certification opportunities for federal risk management leaders and professionals with business continuity responsibilities. The education initiatives are with the Association for Federal Enterprise Risk Management and The Disaster Recovery Institute International.
Oasis Loss Modelling Framework expanded its presence across Europe, with significant momentum in France. This growth is underscored by new partnerships, model innovations and industry collaborations that continue to drive accessibility and innovation in catastrophe modeling.
Steadily announced $30 million in Series C funding led by Two Sigma Ventures at a $355 million valuation. Steadily serves the 18 million individual rental property owners who collectively own the overwhelming majority of single-family rentals in the U.S. Since launching in 2020, it has rapidly gained traction as a fast, affordable insurance provider for real estate investors.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.