ERS raises $350mn for specialty push as Abry joins shareholder roster
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ERS raises $350mn for specialty push as Abry joins shareholder roster

Adam McNestrie
10 March 2021
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ERS has secured a $350mn injection of new equity with experienced sector investor Abry Partners buying into the firm to support its strategic pivot to specialty lines insurance and reinsurance, Insurance Insider understands.

Sources said ERS' current owner Aquiline will also put additional money into ERS to support the carrier's growth plans as part of the raise, which has been handled by TigerRisk Capital Markets.

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