Everest sells stake in Miami fac MGA BUA
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

Everest sells stake in Miami fac MGA BUA

Jairo Ibarra
25 May 2023
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
everest this.jpg

Everest has sold its stake in the facultative MGA Brickell Underwriting Agency (BUA) to individual investors, this publication can reveal.

Sources said the (re)insurer held an equity interest of approximately 20% in the fast-growing Miami-based MGA.

The move comes as both Everest and BUA have gone through various changes in recent months.

Everest

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News M&A Everest
Jairo Ibarra II.png
Jairo Ibarra
Senior Reporter
Contact
Gift this article