Philadelphia Insurance Companies makes $615M acquisition

Bala Cynwyd-based Philadelphia Insurance Companies has acquired the Collector Vehicle Division from Ignyte Insurance for $615 million.
PE Hub

Carlyle-backed Ignyte Insurance sells its collector vehicle unit to Philadelphia Insurance Companies for $615m

Ignyte Insurance, which is backed by The Carlyle Group, has sold its collector vehicle division to Philadelphia Insurance Companies for $615 million. The business is headquartered in Mount Laurel, New ...
Hartford Business Journal

🔒Report: CT remains insurance leader but faces rising Midwest competition

Connecticut’s financial services industry remains a cornerstone of the state’s economy, but new competition is emerging from ...

AIG to acquire $2B in Everest Group retail insurance premiums

American International Group ( NYSE: AIG) has agreed to buy the renewal right for most of Everest Group's ( NYSE: EG) retail ...