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TowerBrook and Further Global snap up ProSight Global

TowerBrook Capital Partners and Further Global Capital Management are set to acquire all outstanding shares of common stock of ProSight Global, a specialty insurance company, in an all-cash transaction valued at approximately $586 million

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Jennifer Law joins Aon’s Asia Pacific Capital Advisory unit

Jennifer Law has joined Aon’s Asia Pacific Capital Advisory unit within reinsurance solutions

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Marsh names Tom Colraine as chairman

Marsh has appointed Tom Colraine as chairman in the UK, with immediate effect

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Storm Wilkins joins Maguire Academy of Insurance and Risk Management

The Maguire Academy of Insurance and Risk Management at Saint Joseph's University has hired Storm Wilkins as executive director succeeding Michael Angelina, who recently retired

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MCIA intends to hold in-person conference in July

The Montana Captive Insurance Association will hold its annual conference in-person if public health conditions improve

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Rives and Associates rebrands to RH CPAs

Rives and Associates has rebranded to RH CPAs to reflect its evolving organisation

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Astaara bolsters team with three appointments

Astaara, an integrated insurance services and risk management advisory business incorporating cyber risk advisory, underwriting and analytics, has hired three new senior members of staff to its team

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A.M. Best affirms JPMorgan Chase captive ratings

A.M. Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” of Park Assurance Company, based in Colchester, Vermont

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Sompo International hires Richard Brown

Sompo International, a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has appointed Richard Brown to lead a new team focusing on property business

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Alliant Insurance Services acquires One Source Risk Management

Alliant Insurance Services has acquired One Source Risk Management, an insurance brokerage firm with offices in the US and Canada

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SCOR partners with CyberCube for new cyber risk tool

SCOR has developed a cyber risk management tool through an innovative partnership with CyberCube, a data analytics platform for the insurance industry

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Tennessee’s insurance sector strengthened state’s economy in 2020

The TDCI has revealed that $22.8 million was located and returned to Tennesseans in combined life insurance benefits/annuities and monies returned through the department in 2020

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