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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.
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Skyward Specialty Insurance Group, Inc. (“Skyward Specialty” or the “Company”), a leader in the specialty property and casualty market, announced today that professional liability insurance executive Brenda Craig has been named Senior Vice President with responsibility to lead its new Healthcare Professional Liability business.
Craig brings over 20 years of healthcare and life sciences professional liability experience and has held progressively broader management roles, most recently as President of Healthcare at One Beacon Insurance. Prior to her 12 years at One Beacon, Craig spent five years at James River Insurance where she was Vice President of Healthcare.
“I have been very impressed by the progress Skyward Specialty has made in such a short amount of time and the leadership team’s commitment to building a pre-eminent specialty insurance company. I am excited to join this exceptional gro