IAP Acted As Exclusive Financial Advisor To Applied Underwriters, Inc. On Its Sale Of Centauri Specialty Insurance Holdings, Inc.

IAP Acted As Exclusive Financial Advisor To Applied Underwriters, Inc. On Its Sale Of Centauri Specialty Insurance Holdings, Inc.

On April 18, 2024, Applied Underwriters, Inc. (“Applied Underwriters”) announced the strategic sale of Centauri Specialty Insurance Holdings, Inc. (“Centauri”) to Lilypad Insurance Holdings Inc. (“Lilypad”). Centauri is a property and casualty insurance company licensed to serve policyholders in 10 states. Lilypad is a newly formed coastal risk specialty insurer and subsidiary of Arbol Inc., a global climate risk solutions provider.

Insurance Advisory Partners acted as exclusive financial advisor to Applied Underwriters in connection with its sale of Centauri.

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