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The founders Ger Knikman and Joep van den Eijkel will reinvest in You Sure following the transaction.
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Premia will use the entity as a platform for legacy deals in the continental European insurance market.
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The Ark CEO speaks to this publication after the conclusion of its ambitious scale-up transaction.
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Former RenaissanceRe CEO and founder Jim Stanard looks set to pick up the reinsurance platform.
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The per-share price is a 35% premium to yesterday’s close.
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The valuation is a fresh coup, but points towards the challenges of competing in the post-consolidated broking space.
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The Hyperion CEO says backing from three institutions plus employee ownership creates “a new financial model”.
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The acquisition of the motorbike insurance specialist completed in August.
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The deal with Jubilee Insurance supports Allianz’s ambition to gain market leadership in key African territories.
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The Howden parent has more than doubled its valuation in the three years since CDPQ invested.
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BMS plans to expand into the retro sector but will avoid being drawn into bidding "frenzy".
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The acquisition brings Howden’s law firm clients to over 1,000.