Personal Lines ALL IBR | Personal Lines Personal Lines Home |News |White Papers |Suppliers |Companies Return to: IBR Home | General Insurance | Personal Lines Select a Insurance sector ------------------------ Commercial Lines Personal Lines Claims Insurer ------------------------ Life Insurance & Pensions ------------------------ Brokerage Underwriting London Lloyds ------------------------ Reinsurance ------------------------ Technology in Insurance Outsourcing ------------------------ Regulatory & Risk Personal Lines News Aquiline Capital acquires Equity Insurance IBR Staff Writer Published 23 April 2013
New York-based private equity firm, Aquiline Capital Partners has completed the purchase of Equity Insurance Group from Insurance Australia Group.
Based in the UK, Equity Insurance is one of the ten largest motor insurance syndicate at Lloyd's, and has been insuring commercial and individual customers for over 60 years.
The company also includes motor insurer Equity Red Star and Equity Syndicate Management, along with its associated Syndicate 218 at Lloyd's, as well as the broking business, Equity Direct Broking.
As part of the acquisition, Ian Parker will become chief executive officer of Equity Insurance Group, while Messrs, Parker and Patrick O'Sullivan will lead the company's senior leadership team in redirecting emphasis of the business to its core specialty motor insurance lines.
Parker said, ''With Aquiline's financial support and operational expertise, we will strengthen the business and our position as the leading specialty motor underwriter in the United Kingdom.''
Aquiline has also established a new board for the managing agency, which includes O'Sullivan as ESML chairman.
Macquarie Capital (Europe) served as the sole financial adviser to Aquiline on the transaction.
Share:
Latest News Health Insurance Innovations unveils HIIQuote's new Options Page General Insurance > Personal Lines > News Confie Seguros purchases Texas State Low Cost Insurance General Insurance > Personal Lines > News Argo Pro to serve growing professional liability insurance needs in San Francisco General Insurance > Personal Lines > News PURE set to add new policyholders in Kentucky General Insurance > Personal Lines > News MMIC receives approval from Oregon Insurance Department to acquire UMIA General Insurance > Personal Lines > News Related News Related SectorsGeneral Insurance> Personal Lines
Related Dates
2013> April
Related Industries
Financial Services> Insurance> Non-Life Insurance> Personal Insurance> Motor
Comments Post a comment
Comments may be moderated for spam, obscenities or defamation.
Select a Insurance sector ------------------------ Commercial Lines Personal Lines Claims Insurer ------------------------ Life Insurance & Pensions ------------------------ Brokerage Underwriting London Lloyds ------------------------ Reinsurance ------------------------ Technology in Insurance Outsourcing ------------------------ Regulatory & Risk Personal Lines News Related Insight Suppliers Directory Spotlight Suppliers By Sector A-Z ROOM Solutions - Insurance Software and Consultancy Services ROOM Solutions is a provider of global software and consultancy services to the commercial insurance and reinsurance sector. General Insurance > Personal Lines > Suppliers
General Insurance Commercial Lines Personal Lines Claims Insurer
Life Insurance & Pensions
Intermediaries Brokerage Underwriting London Lloyds
Reinsurance
Technology Technology in Insurance Outsourcing
Regulatory & Risk # ABCDEFGHIJKLMNOPQRSTUVWXYZ
Personal Lines Intelligence Latest White Papers Latest Research Buy the latest industry research online today! Deutsche Bank AG: Financial Services Company Profile, SWOT & Financial Report
ICD Research's "Deutsche Bank AG: Financial Services Company Profile, SWOT & Financial Report" is a crucial resource for industry executives and anyone looking to access key information about Deutsche Bank AGICD Research's "Deutsche Bank AG: Financial Services Company Profile, SWOT & Financial Report" report utilizes a wide range of primary and secondary sources, which are analyzed and presented in a consistent and easily accessible format. ICD Research strictly follows a standardized research methodology to ensure high levels of data quality and these characteristics guarantee a unique report. Buy online from $125
Sign up for the latest IBR news and features as well as other industry newsletters.
IBR Website Usage About us Accessibility Advertise with us Contact us Help Privacy RSS feeds Site map Dining Club Browse By Sector Browse By Network Business Review Sites General Insurance IntermediariesTechnology Brokerage Claims Commercial Line Insurer Life Insurance and Pensions Londonlloyds Outsourcing Personal Lines Regulatory and Risk Reinsurance Technology in Insurance Underwriting
Auto Banking Clean Technology Drinks Energy Food Insurance Logistics Medical Devices Packaging Pharmaceutical Retail Technology Webinars © IBR 2010. Part of Progressive Digital Media Group Plc
No comments:
Post a Comment