AXIS Capital is a global specialty underwriter and provider of insurance and reinsurance solutions.
Matic will use the proceeds to increase distribution partnerships and develop its technology platform.
As part of the agreement, Northwestern Mutual will acquire a minority equity interest in Sixth Street.
The acquisition of Velocity is expected to close in early 2025.
Going forward, all insurance policies, premium and related claims, as well as all HOA assets and liabilities will be owned by PIRE.
Jones is an insurance verification platform for real estate and construction.
Core Specialty expects the transaction to be accretive to its earnings per share and return on equity in 2025.
The service includes real-time threat monitoring, identity protection, and cybersecurity education.
Rakesh was previously CFO at Phoenix Group.
The coverage uses AI and weather data to compensate for disruptions caused by adverse conditions like heavy rain or extreme temperatures.
The company serves clients such as Swiss Re, Juniper Re, and Insurity.
Worzel is Chief Customer Officer at Nordstrom.
The acquisition aims to expand resources and streamline operations, helping agents better serve their clients.
Superior Underwriters will become part of Amwins Access.
The change does not impact existing clients.