-
Insurance Insider reported earlier today of the asset manager’s foray into the MGA space.
-
The tech firm is building a joint stock company with insurers and investors.
-
The broker’s joint venture with Bain Capital still lacks a CEO.
-
The deal ends Livingbridge’s two-year attempt to sell the UK broking/MGA platform.
-
Sources said that the NY-based TL underwriter has retained Piper Sandler to run the process.
-
The deal comes amid heightened interest in German distribution assets.
-
This publication revealed two years ago that EQT could lodge a $1bn claim.
-
It is targeting low-risk specialty lines where it has a competitive edge.
-
The firm has quadrupled its Ebitda since 2022.
-
Insight into the state of the insurance M&A market, powered by this publication's deal database.
-
Goldman Sachs and Cinven have also participated in the German broker’s sale process.
-
PE owner Livingbridge brought the broker to market two years ago.