Flagstone International has partnered with captive insurance manager Strategic Risk Solutions (SRS) to allow SRS’s clients access to its cash deposit platform.
The offering is designed for EU-based providers, including custodians, exchanges and administrators, who must comply with the forthcoming Markets in Crypto-Assets Regulation (MiCA).
Jim O'Brien, division manager, and Doug Patterson, head of renewable energy, will lead the new unit, which will first serve the US and Canada before going global later this year.
Michigan-based fintech firm Acrisure has acquired Financial and Credit Insurance Services (FinCred) and Global Broking Solutions (GBS).
According to the firm, the policy, supported by three of the world’s largest reinsurers, offers cover against supply chain disruption, reputational damage and product withdrawal.
The first phase of the firm’s rebranding efforts includes the launch of the new website www.baldwin.com and other relevant content and marketing assets.
The move follows the recent Ardonagh’ acquisition of Italian broker Mediass, and its acquisition of reinsurance and MGA business Teksure.
