Volante Global Limited, a new multi-class and multi-territory international managing general agent platform, will launch and commence trading during the first quarter of 2018, subject to Lloyd's Coverholder approvals where appropriate. Volante will underwrite specialist portfolios of insurance and reinsurance business, including: property & casualty, professional and financial lines, motor, space & aviation, and marine & energy.
Allianz Group and Liverpool Victoria Friendly Society (LV=) have completed the first stage of their planned sale of 49% stake in LV='s U.K. General Insurance businesses to Allianz Group. The second stage of the transaction will take place in 2019.
RightSure Insurance Group has acquired California-based Auto & Property Insurance Solutions. The transaction is RightSure's fourteenth book of business acquisition, broadening the company's suite of insurance products and its market share in California.
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Denny Jacob
Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected].
