Beat sale to Ambac will see MGA platform keep identity: Cavanagh
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Beat sale to Ambac will see MGA platform keep identity: Cavanagh

The chairman said PE ownership can be “sub-optimal” in softer market conditions.

By Fiona Robertson
June 06, 2024
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Beat chairman John Cavanagh has said the company’s $282mn sale to Ambac allowed it to keep its “identity and structure” as it sought to stabilise its platform.

The

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News M&A MGAs/MGUs Beat Capital
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