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SAN Group | March 24, 2020
Satellite Agency Network (SAN) Group has announced that Maine-based Rios Agency has joined the alliance. Rios Agency provides all types of property, casualty, life and health insurance to clients in Falmouth and Portland, Maine. The agency was founded by Robert Rios in 2008 as an insurance producer and agency manager for Allstate Insurance. Rios, fluent in both Spanish and English, is uniquely positioned to serve Spanish-speaking clients throughout the state, SAN Group said. “Roberto has a...
Risk Strategies, Atlas Insurance | March 05, 2020
Risk Strategies has announced its acquisition of Atlas Insurance Management, as part of the former’s purchase of Atlas Group Limited and its affiliated entities. Terms of the transaction were not disclosed. The announcement comes immediately after Risk Strategies completed a recapitalization transaction with private equity firm Kelso & Company. A previous company statement said that the transaction would help fund Risk Strategies’ ongoing acquisition strategy, among other busines...
Risk Management
AXA XL | February 24, 2022
Applied Underwriters has announced that it will acquire Catlin Specialty Insurance Company ('A+' rated) from the AXA XL group of companies, consolidating the company into the North American Casualty group of companies ('A' rated) in a move intended to bolster Applied's operating capabilities in support of its strategic partners as the E&S market hardens. The transaction is scheduled to close during Q2 as anticipated regulatory approvals are received. Mr. Ja...
Insurance Technology
Piper Sandler Companies | July 06, 2022
Piper Sandler Companies (NYSE: PIPR), a leading investment bank, is pleased to announce the hiring of Christopher Grady. He is joining the New York office as a director in the financial services group as part of the insurance investment banking team. “We are thrilled to have Chris join the Piper Sandler insurance investment banking team. Having worked closely with Chris over many years, we have enormous respect for his deal acumen and integrity. His experience successfully e...
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