Press Releases

Insurance Advisory Partners served as Financial Advisor to Hamilton Insurance Group Ltd. in connection with a $225,000,000 initial public offering of 15,000,000 Class B shares of common stock at a price of $15.00 per share

On November 14, 2023, Hamilton Insurance Group Ltd. closed its $225m initial public offering of 15,000,000 Class B common shares at $15.00 per share. The offering consisted of 6,250,000 Class B common shares offered by Hamilton Insurance Group Ltd. and 8,750,000 Class B common shares offered by certain current Hamilton Insurance Group Ltd. shareholders. Hamilton Insurance Group Ltd. started trading on the New York Stock Exchange under the symbol “HG” with a market capitalization of ~$1.7bn.

Insurance Advisory Partners served as Financial Advisor to Hamilton Insurance Group Ltd. in connection with a $225,000,000 initial public offering of 15,000,000 Class B shares of common stock at a price of $15.00 per share Read More »

Insurance Advisory Partners Acted As Exclusive Financial Advisor To Old Republic In Connection With The Sale Of Its Run-Off Mortgage Insurance Business, RMIC, To Arch Capital Group.

On November 13, 2023, Old Republic International Corporation (“ORI”) announced that it has entered into a definitive agreement to sell its run-off mortgage insurance business to Arch Capital Group, Ltd. (“Arch”). ORI’s run-off mortgage insurance business is comprised of RMIC Companies, Inc. and its subsidiaries. In the transaction, Arch U.S. MI Holdings will acquire all of the capital stock of RMIC Companies, Inc. and its subsidiaries for an expected consideration of approximately $140 million.

Insurance Advisory Partners Acted As Exclusive Financial Advisor To Old Republic In Connection With The Sale Of Its Run-Off Mortgage Insurance Business, RMIC, To Arch Capital Group. Read More »

Quarterly Executive Interview with Albert Benchimol; Former President and CEO of Axis

Attached is Insurance Advisory Partners’ latest quarterly Senior Executive Interview. This quarter’s interview is with Albert Benchimol, Former President and CEO of Axis, in which he discusses his career at Axis, his insights on the P&C insurance and reinsurance industry, as well as his future post-Axis.

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Insurance Advisory Partners Rendered A Fairness Opinion To The Board Of Directors Of Midwest Holding Inc. In Connection With The Acquisition by Antarctica Capital

On May 1, 2023, Midwest Holding announced that it is to be acquired by Antarctica Capital for $27.00 per share. Insurance Advisory Partners rendered a fairness opinion to the Board of Directors of Midwest in connection with the transaction.

Insurance Advisory Partners Rendered A Fairness Opinion To The Board Of Directors Of Midwest Holding Inc. In Connection With The Acquisition by Antarctica Capital Read More »

Insurance Advisory Partners Acted As Financial Advisor To Assured Guaranty Ltd. On The Announced Contribution Of Assured Investment Management, LLC To Sound Point Capital Management, L.P.

On April 5, 2023, Assured Guaranty Ltd. announced that it will contribute Assured Investment Management, LLC to Sound Point Capital Management, L.P. in return for a 30% equity stake in the combined entity, subject to potential post-closing adjustments. The transaction is expected to be completed in Q3 2023, subject to customary regulatory approval.

Insurance Advisory Partners Acted As Financial Advisor To Assured Guaranty Ltd. On The Announced Contribution Of Assured Investment Management, LLC To Sound Point Capital Management, L.P. Read More »

Insurance Advisory Partners Advised Integrum On Its Partnership With And Investment In SRS

On February 27, 2023, Integrum Holdings LP (“Integrum”) announced its partnership with and investment in Strategic Risk Solutions (“SRS”). The newly formed partnership will further enhance SRS’s services within captive insurance and alternative risk markets.

Insurance Advisory Partners Advised Integrum On Its Partnership With And Investment In SRS Read More »

Insurance Advisory Partners Advised UIHC On The Sale Of Certain Assets And The Execution Of A Renewal Rights Agreement With Slide Insurance

On February 1, 2023, United Insurance Holdings Corp. has completed a two-part transaction with Slide Insurance Company. The transaction involved the sale of certain assets to Slide and the execution of a renewal rights agreement.

Insurance Advisory Partners Advised UIHC On The Sale Of Certain Assets And The Execution Of A Renewal Rights Agreement With Slide Insurance Read More »

Insurance Advisory Partners Advised reThought Insurance Corp. On Its Series B Financing

On January 30, 2023, reThought announced the completion of its Series B financing. The financing round was led by IA Capital Group. Existing investors, Hudson Structured Capital Management, Telstra Ventures, and ArcTern also participated in the round.

Insurance Advisory Partners Advised reThought Insurance Corp. On Its Series B Financing Read More »

Insurance Advisory Partners Acted As Financial Advisor To Capital Z Partners On Its Commitment To Invest In Fidelis MGU

Fidelis Insurance Holdings Limited (“Fidelis”) announced that it is bifurcating its business into a new Managing General Underwriter (“Fidelis MGU”) and the existing balance sheet insurance companies (“Fidelis Balance Sheet Companies”). Fidelis MGU secured equity investments from an investor group led by Capital Z Partners. Other investors include The Travelers Companies, Inc., Blackstone, Further Global Capital Management, and Alfa Insurance.

Insurance Advisory Partners Acted As Financial Advisor To Capital Z Partners On Its Commitment To Invest In Fidelis MGU Read More »

Quarterly Executive Interview – Grahame Millwater; President, Global Insurance at Acrisure

Attached is the latest quarterly senior executive interview that IAP will distribute on critical industry topics, designed to provide value to our clients. This quarter’s interview is with Grahame Millwater, President, Global Insurance at Acrisure, where he gives his perspective on Acrisure’s growth and the overall state of the insurance and reinsurance market.

Quarterly Executive Interview – Grahame Millwater; President, Global Insurance at Acrisure Read More »