Experience

• • Stone Point Capital in its sale of Atrium Underwriting, a premier underwriting business at Lloyd’s, to CRC Group.
  • Kelso & Company and its portfolio company, Accession Risk Management Group, in Accession’s $9.8 billion sale to Brown & Brown.
  • Portage in its investment in leading UK fintech company Marshmallow, as part of a $90 million fundraise.
  • Mitsui Sumitomo Insurance Company, a subsidiary of MS&AD Insurance Group Holdings, in its agreement with the founding family of W. R. Berkley Corporation, a leading property and casualty insurance carrier, including acquisition of 15% of shares in W. R. Berkley Corporation in a transaction valued at approximately $3.8 billion.
  • Elliott and Prosperity Life Group in the acquisition of Prosperity Life Group by JAB Holding Company.
  • Lovell Minnick in its investment in Broadstone, a UK financial services consultancy delivering advice to employers, insurers, lenders and pension scheme trustees.
  • Stone Point Capital in its equity investment in the Ardonagh Group, one of the world’s largest independent insurance distribution platforms, which values Ardonagh at $14 billion.
  • Ambac in its acquisition of a majority stake in Beat Capital Partners in a transaction valued at approximately $282 million.
  • American Coastal Insurance Corporation in its sale of Interboro Insurance Company to Forza Insurance Holdings.
  • Global Atlantic, a retirement and life insurance company, in the retrocession of approximately $5 billion of long-term care reserves assumed from Manulife’s U.S. business.
  • Prosperity Life Group, an Elliott portfolio company and an innovative insurance, reinsurance, and asset management company, in its acquisition of National Western in a transaction valued at approximately $1.9 billion.
  • Swiss Re in a strategic partnership with Resolution Life in support of its transaction with Farmers New World Life Insurance Company.
  • American International Group in its sale of Validus Re to RenaissanceRe Holdings Ltd.
  • StanCorp Financial Group in its acquisition of the Life & Disability business from Elevance Health.
  • Helios Underwriting, the unique investment vehicle which acquires and consolidates underwriting capacity at Lloyd's, in raising approximately £12.5 million through a placing of, and a subscription for, new ordinary shares.
  • Nuveen, the investment manager of TIAA, in its acquisition of a controlling interest in Arcmont Asset Management, a private debt management firm.
  • Covéa in its $9 billion acquisition of Partner Re, the largest deal in the insurance sector in 2021.
  • Fortitude Re, a Carlyle portfolio company, in its acquisition of a $31 billion block of legacy variable annuities from Prudential Financial for a total transaction value of $2.2 billion.
  • Asta Capital and its shareholders, the market leading third party managing agent at Lloyd’s, in its sale to Davies Group.
  • PGIM in its acquisition of Montana Capital Partners, a European-based private equity secondaries asset manager.
  • Prudential Financial in the sale of its retirement plan business to Empower for a total transaction value of $3.55 billion.
  • American International Group in its strategic partnership with Blackstone Group for its Life & Retirement business.
  • Compre in its reinsurance to close of Syndicate 3330’s 2018 year of account, and the purchase of AXA DBIO II’s Corporate Member.
  • Compre in the launch of its Lloyd’s legacy syndicate 1994, and its strategic partnership with Apollo to manage syndicate 1994, and to work with Compre to build its Lloyd’s legacy platform.
  • Compre in its reinsurance to close transaction of Apollo syndicate 1969’s 2017 and prior years of account.
  • GoDaddy in its acquisitions of the .club and .design domain extensions, as well as 28 domain extensions (and certain other business assets) owned and operated by Minds + Machines Group Limited (MMX).
  • Blackstone's Tactical Opportunities Group in its investment in SUNZ Holdings, a leading provider of workers compensation insurance and related services such as claims administration, policy administration, and customer support.
  • Ambac Financial Group, a financial services holding company, in its acquisition of Xchange Benefits and Xchange Affinity Underwriting Agency, property and casualty managing general underwriters.
  • Third Point Re in its $788 million merger with Sirius Group.
  • GreyCastle in its sale to Monument Re, advising on the complex offshore UK / Bermuda life insurance structure. Debevoise also advised on the original establishment of GreyCastle.
  • Lovell Minnick in its take-private deal for Charles Taylor, a leading provider of professional services to the global insurance market.
  • AXA in its acquisition of Bermuda-based XL/Catlin Group for $15.3 billion in connection with insurance M&A and regulatory matters.
  • An international NGO in its global litigation strategy regarding claims before UN human rights treaty monitoring bodies across multiple Latin American states.