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The deal is expected to result in $700mn in combined GWP in Florida upon completion. -
Lenders include Morgan Stanley, Permira and Bridgepoint.
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An M&A senior analyst and M&A underwriter for emerging markets are also set to depart.
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The MGA has set a "new market benchmark" for non-US primary tax risk, it said.
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The company, however, sets a high bar on making a move.
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The carrier M&A cycle has started and reinsurance is a segment where acquisitions work better.
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The CEO said the AHJ acquisition brought a ‘step change’ to Miller’s reinsurance growth.
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It is understood that CyberCube has been considering a sale of the business.
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The insurer has been under review with positive implications since March.
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Skyward’s acquisition of Apollo will provide access to the London Bridge framework.
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The cycle-turn M&A story continues with strategic buyers to the fore.
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Apollo executives David Ibeson and James Slaughter are committed to the future as a combined entity.
