Hamilton Insurance Group Acquires Pembroke Managing Agency Limited And Ironshore Europe DAC From Liberty Mutual Group; Announces Jonathan Reiss As President, Strategic Partnerships And Tony Ursano As Group CFO
The transaction, which follows the signing of a definitive agreement on
The acquisition from Liberty represents a transformative step in Hamilton's goal of building a global, diversified specialty insurance and reinsurance franchise and has met with positive response from regulators and rating agencies. Following the March signing,
Hamilton has now doubled its total premium base, on a pro forma basis, to
The deal also provides Hamilton with opportunities to build out the Company's reinsurance franchise in the US and
Management Appointments
Hamilton has also announced that
A founding member of Hamilton,
"Today represents a significant milestone in Hamilton's development," said CEO
"Our talented team has become even stronger; and we now work in offices spanning a much larger geography. With the addition of our new operations, including
"In addition, we now have key executives in roles that will leverage all that this acquisition represents.Ā
"As President, Strategic Partnerships, Jonathan joins Global Head, Specialty Insurance
"And I'm delighted to welcome
About
Twitter: @HamiltonInsures | LinkedIn: https://www.linkedin.com/company/hamilton-insurance-group.
About
IEDAC was formed in 2010 in
Contact:
+1 (441) 707-5240
[email protected]
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