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SageSure and Affiliate to Acquire Olympus MGA and Olympus Insurance in Florida

Auto Insurance /
SageSure and Affiliate to Acquire Olympus MGA and Olympus Insurance in Florida

In a three-way deal involving carriers, underwriters, holding companies and more, catastrophe-focused managing general underwriter SageSure announced it will acquire the managing general agent for Florida-based Olympus Insurance Co. At the same time, the parent company for SageSure’s carrier partners Auros and Interboro Insurance will take over Olympus Insurance Co., the companies said early Wednesday. […]

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Sompo to Acquire Aspen for $3.5 Billion to Expand Global Access

Life Insurance /
Sompo to Acquire Aspen for $3.5 Billion to Expand Global Access

Sompo Holdings, a subsidiary of Sompo International Holdings, said it has an agreement in place to acquire Aspen Insurance Holdings for about $3.5 billion to further its geographical reach outside of its home territory. Tokyo-based Sompo early this year announced the restructuring of its business into two segments—one being Sompo P&C, with James Shea appointed

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Mariner to Acquire $5B Institutional Consulting Firm

Real Estate Buying & Selling /
Mariner to Acquire $5B Institutional Consulting Firm

Mariner Institutional, a new division seeded last year when the RIA acquired two firms with that focus, has penned an agreement to acquire Southeastern Advisory Services, an institutional consulting firm headquartered in Atlanta. The deal is set to close in September, and will add about $5 billion in assets under advisement to Mariner Institutional. Southeastern

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