Preservation Capital Partners has acquired cyber and specialty lines MGA Ascent Underwriting. The existing Ascent management team will retain a significant shareholding in the company, and continue to manage the business during its next stages of growth. Further terms of the transaction were not disclosed.

Randall & Quilter has announced the sale of its Insurance Services and Captive Management Operations to Davies Group, a operations management, consultancy and digital solutions provider. The transaction involves the sale of the entire share capital of JMD Specialist Insurance Services Group Limited and its subsidiaries, R&Quiem Limited, John Heath & Company Limited and AM Associates Insurance Services Limited as well as Randall & Quilter Bermuda Holdings Limited and its Quest subsidiaries.

TenantCloud, a cloud-based rental accounting software, has partnered with Assurant, a global provider of risk management solutions. With low monthly rates, the policy can help cover both a renter's belongings and offer liability coverage for the landlord's asset.

Arthur J. Gallagher & Co. has acquired New Jersey-based The Daniels Group, Inc. Terms of the transaction were not disclosed.

Capitol Indemnity Corporation, a wholly-owned subsidiary of CapSpecialty, Inc., has acquired the renewal rights to Rockhill Insurance Group's environmental book of business. Terms of the transaction were not disclosed.

Medjet, a leader in air medical transport and crisis response memberships for travelers, has launched a new, limited-time offer of short-term MedjetHorizon memberships, just in time for the winter games in Pyeongchang. The decision comes in response to an increase in inquiries for its elevated travel security and crisis response membership option, MedjetHorizon, as well as the U.S. State Department's new travel advisory system.

Paragon Insurance Holdings LLC, a national multi-line specialty MGA, has announced that Edgewood Partners Insurance Center and Oak Hill Capital Partners have taken an equity stake in the company.