The Fortegra Group, Inc., a global specialty insurance company, completes its acquisition by DB Insurance Co., Ltd., one of Korea's leading property and casualty insurers, having received all required regulatory and stockholder approvals. The transaction was announced on 26 September 2025. Fortegra continues to operate independently following the close, retaining its current leadership, distribution partnerships and underwriting approach. Agents, distribution partners and customers will continue to receive the service standards that have defined the Fortegra business. Richard Kahlbaugh, chairman and chief executive of Fortegra, says: "Every company eventually changes ownership. That is the nature of business. He adds: "As part of DB Insurance, Fortegra is positioned to expand our business geographically, enhance our capabilities and deepen our market presence in the US, Europe, the United Kingdom and Asia. Together, DB Insurance and Fortegra intend to build a recognized leader in the global specialty insurance market." Fortegra has underwritten risk management solutions through its subsidiaries for more than 45 years. Its insurance subsidiaries carry an AM Best Financial Strength Rating of 'A-' (Excellent) and a Financial Size Category of 'X'. The company offers admitted and excess and surplus lines insurance products alongside warranty solutions. DB Insurance was founded in 1962 as Korea's first public automobile insurer and adopted its current name in 2017. It holds an AM Best Financial Strength Rating of 'A+' (Superior) with a Financial Size Category of 'XV', and an S&P rating of 'A+' (Stable). Alongside its general, long-term and automobile insurance lines, DB Insurance offers financial services through subsidiaries in life insurance, securities, savings banking and asset management.
