CONSHOHOCKEN, PA, (December 3, 2018) – NSM Insurance Group has acquired the assets of KBK Insurance Group. Based in Harahan, LA, KBK is a highly specialized program manager in the towing and transportation space with over 25 years of experience. Geof McKernan, CEO of NSM Insurance Group, said, “We
CONSHOHOCKEN, Pa. , April 1, 2019 /PRNewswire/ -- NSM Insurance Group , a leader in the development, implementation, marketing and underwriting of industry-specific insurance programs, has acquired Embrace Pet Insurance . Based in Cleveland , Embrace is a top-rated, nationwide provider of
CONSHOHOCKEN, Pa., May 21, 2018 /PRNewswire/ -- NSM Insurance Group announced today that their UK arm, Vantage Holdings, has acquired Fresh Insurance Services Group Limited. Fresh Insurance is an insurance broker based in Redditch, West Midlands that specializes in non-standard personal lines
CONSHOHOCKEN, Pa. , March 23, 2020 /PRNewswire/ -- NSM Insurance Group ("NSM"), a leading managing general underwriting agency ("MGU") and program administrator for specialty insurance programs, has entered into a definitive agreement to acquire Kingsbridge Group Limited ("Kingsbridge").
BOSTON, July 27 /PRNewswire-FirstCall/ -- OneBeacon Insurance Group today announced its agreement to sell its National Farmers Union Property and Casualty Company (NFU) subsidiary to QBE Insurance Group for approximately $142 million, subject to adjustment based on closing book value.
(OLDWICK, N.J., Sept. 6, 2001) -A.M. Best Co. today announced that the financial strength rating of A (Excellent) for the insurance subsidiaries of OneBeacon, Boston, Mass., (formerly CGU Insurance Companies Group) remains unchanged following the recent announcement of a partnership between Liberty
BOSTON – OneBeacon Insurance Group, a wholly owned subsidiary of White Mountains Insurance Group, Ltd. (NYSE: WTM), announced today it is creating a new Limited Assignment Distribution (LAD) servicing carrier to handle New York Automobile Insurance Plan business.
BOSTON, MA - December 3, 2001) - OneBeacon Insurance Group, a wholly owned subsidiary of White Mountains Insurance Group, Ltd. (NYSE: WTM), today announced that Ray Barrette has been elected Chairman and John Cavoores President and Chief Operating Officer.
(Boston, MA – September 14, 2001) - OneBeacon Insurance Group, a wholly owned subsidiary of White Mountains Insurance Group, Ltd. (NYSE ticker WTM), today released its estimate for losses resulting from Tuesday's tragedies. Pre-tax losses for OneBeacon and Folksamerica Re could reach $175 million,
BOSTON (December 19, 2001) – OneBeacon Insurance has announced new responsibilities for three senior managers and an addition to the management team. Larry Haefner, formerly Chief Actuary, is now Managing Director, Specialty Operations. Reporting to President and COO John Cavoores, Haefner is
BOSTON (March 29, 2002) - OneBeacon Insurance Group announced today that Chuck Chokel has joined the company as a Managing Director. He will report to Ray Barrette, OneBeacon Chairman and Chief Executive Officer, who explained that Chokel will be a "minister without portfolio or boundaries" for the
BOSTON (May 13, 2002– OneBeacon Insurance Group announced today that Drew Carnase has joined the company as Senior Vice President of Commercial Lines. He will report to John Cavoores, OneBeacon President and Chief Operating Officer. "Drew's charge is to achieve our Commercial Lines profit targets,"
BOSTON (July 22, 2002) – OneBeacon Insurance Group announced today that Paul LaPerriere has joined the company as Senior Vice President of Marketing. He will report to John Cavoores, President and Chief Operating Officer, who explained that LaPerriere comes to OneBeacon with extensive success in
BOSTON, March 31 /PRNewswire-FirstCall/ -- OneBeacon Insurance Company, a wholly owned subsidiary of White Mountains Insurance Group, Ltd. (NYSE: WTM), today announced it has completed the transaction and acquired ownership of Atlantic Specialty Insurance Company, a subsidiary of Atlantic Mutual.
BOSTON, Dec. 5 /PRNewswire/ -- OneBeacon Insurance Company, a wholly owned subsidiary of White Mountains Insurance Group, Ltd. (NYSE: WTM), announced it has signed an agreement in principle to acquire the Atlantic Specialty Insurance Company, a subsidiary of Atlantic Mutual, and the renewal rights
AUSTIN, Texas , Dec. 16, 2019 /PRNewswire/ -- Pennybacker Capital Management, LLC ("Pennybacker"), a real estate private equity firm, has announced that Pacific Current Group Limited (ASX:PAC, "PAC"), and Kudu Investment Management, LLC ("Kudu") have on an equal basis purchased a minority stake in
HAMILTON, Bermuda , March 1, 2019 /PRNewswire/ -- The Board of Directors of White Mountains Insurance Group, Ltd. (NYSE: WTM) has elected Peter M. Carlson as a director of the Company. Mr. Carlson was formerly Chief Operating Officer of Brighthouse Financial , Inc. Previously, he was EVP and Chief
HAMILTON, Bermuda , March 2, 2018 /PRNewswire/ -- The Board of Directors of White Mountains Insurance Group, Ltd. (NYSE: WTM) has elected Philip Gelston as a director of the Company. Mr. Gelston was a Partner with Cravath, Swaine & Moore LLP until his retirement from Cravath's Corporate Department
HAMILTON, Bermuda, Jan. 22 /PRNewswire-FirstCall/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) today announced the election of Ray Barrette as Chairman and Chief Executive Officer, effective immediately. Mr. Barrette succeeds Jack Byrne as Chairman and Steve Fass as CEO. In addition, Mr.
