Skyward Specialty Insurance Group Acquires Aegis Surety, Sells XPro January 22, 2021
Skyward Specialty Insurance Group Inc. has acquired Aegis Surety and simultaneously sold XPro, which provides solutions for the pest control industry. K2 Insurance Services is both the seller of Aegis Surety and the buyer of XPro.
Aegis Surety Senior Vice President Trevor Hash will become the head of contract surety following the transaction, reporting to Skyward Specialty Head of Surety Matthew Semeraro.
Aegis Surety offers surety bonds to a range of contractors in addition to commercial surety, specializing in underwriting bid, performance, payment, supply and maintenance bonds. Headquartered in Harrisburg, Pennsylvania, it supports businesses in 45 states and the District of Columbia.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Westaim Announces the Acquisition by Skyward Specialty Insurance Group of Aegis Surety and Sale of XPro Business, Both With K2 Insurance Services
January 20, 2021 GMT
TORONTO (BUSINESS WIRE) Jan 20, 2021
The Westaim Corporation (“Westaim”) (TSXV: WED) today announced Skyward Specialty Insurance Group, Inc. (“Skyward Specialty”), a leader in the specialty Property and Casualty market and a subsidiary of Westaim, acquired Aegis Surety and the simultaneous sale of XPro (solutions for the Pest Control industry). K2 Insurance Services is both the seller of Aegis Surety and the buyer of XPro.