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Ambac to acquire majority stake in Beat Capital Partners

New York-headquartered Ambac Financial Group Inc, the insurance holding company with a subsidiary in Bermuda, has signed a definitive agreement to acquire a 60 per cent controlling stake in London-bas.

Insurtech weekly news roundup: Aug 12

Cyber Insurtech Corvus Buys Lloyd s Coverholder Tarian Underwriting Ltd

Beat Capital Launches Tegron Specialty for D&O; Names Navigators Shore CEO

Beat Capital Launches Tegron Specialty for D&O; Names Navigators’ Shore CEO May 4, 2021 LONDON – Beat Capital Partners Ltd. , along with industry veteran Paul Shore have opened a new underwriting vehicle Tegron Specialty that will focus on directors and officers insurance for publicly traded companies, specialising in excess of loss placements. As CEO, Shore brings more than 25 years of industry experience to Tegron. During his career Shore has held a number of senior roles, including head of Management Liability at Navigators and, most recently, head of Financial Lines, International at Navigators/The Hartford. From July 1 2021, Tegron will underwrite via a Lloyd’s consortium, led and managed by Beat syndicate 4242, and will be an appointed representative of Asta Managing Agency Ltd.

People Moves: Aon s Cook to Carpenter; Meyer Promoted to Chord Re CEO; Rocco Leads Everest Transformation

People Moves: Aon s Cook to Carpenter; Meyer Promoted to Chord Re CEO; Rocco Leads Everest Transformation
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