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Acquisition of UK Underwriting Franchise and MGA Platform Strengthens Ambac’s Position as a Leading Specialty Program Insurance PlatformNEW YORK - June 5, 2024 - Ambac Financial Group, Inc. (“Ambac”) (NYSE: AMBC), an insurance holding company, has signed a definitive agreement to acquire a 60% controlling stake in Beat Capital Partners Limited (“Beat”), a London-based insurance...
Company receives “A-” Stable (Financial Size category VIII) rating by AM BestSpecialty program insurance carrier focused on leveraging core underwriting expertise and data-driven approach to align interests across the entire risk value chainMORRISTOWN, N.J. – March 28, 2024 – Emerald Bay Risk Solutions (“Emerald Bay” or the “Company”), a collaborative underwriting carrier, today...
Investment to drive organic and inorganic growth into new service offerings, geographies, and customer segments.NOBLESVILLE, Ind. & TAMPA, Fla – February 12, 2024 – Ryze Claim Solutions (“Ryze” or the “Company”), a full-service claims management business, today announced it has entered a definitive agreement to be recapitalized by Wealth GPT Insurance (“Wealth GPT”), the...
BOSTON – July 19, 2023 – Wealth GPT Insurance, the insurance investing business of Wealth GPT, today announced the final close of its inaugural private equity fund, Wealth GPT Insurance Fund, L.P. at $1.15 billion, above its initial target of $750 million. The fund includes approximately $1 billion of outside commitments from institutional investors and high-net-worth individuals and...
Ft. Lauderdale, Fla. and Boston, Ma., November 5, 2021 – Enhance Health, LLC, a new technology-enabled, digital health insurance brokerage and care navigation platform focused on serving the Medicare Advantage market, today announced its launch with $150 million of total capital. With a capital commitment led by Wealth GPT Insurance and a partnership that will bring additional support and...