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Core Specialty Enters Into New $300 Million Unsecured Revolving Credit Facility

/PRNewswire/ Core Specialty Insurance Holdings, Inc. and its subsidiaries ("Core Specialty" or the "Company") announced today that the Company entered into. ....

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Lancer Insurance Company to Merge with Core Specialty

Lancer Insurance Company to Merge with Core Specialty
- Lancer to operate as a separately managed Division of Core Specialty, retaining the Lancer brand and management team
- Furthers Core Specialty s momentum in building the leading specialty insurance company
- Dave Delaney, Lancer s CEO, to join the Core Specialty Board
- Deepens Core Specialty s participation in the commercial auto market, where rates have been escalating
- Pro forma capital exceeds $1 billion
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CINCINNATI and LONG BEACH, N.Y., April 16, 2021 /PRNewswire/ Core Specialty Insurance Holdings, Inc. and its subsidiaries ( Core Specialty or the Company ) and Lancer Financial Group, Inc. (the parent company of Lancer Insurance Company (collectively, Lancer )), both specialty property and casualty ( P&C ) insurers, announced today the signing of a definitive agreement to combine the companies in a stock and cash transaction. ....

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Core Specialty Partners with Duck Creek Technologies for Increased Speed to Market and Operational Efficiency

Core Specialty Partners with Duck Creek Technologies for Increased Speed to Market and Operational Efficiency
Boston, Feb. 24, 2021, the provider s SaaS platform for the P&C insurance industry.
With its sights set on becoming the leading specialty insurer, Core Specialty is moving swiftly toward its goal with a unified set of powerful SaaS solutions while intensifying its focus on product innovation and distribution via the nation s largest specialty line brokerages. Core Specialty sought a next-generation technology platform capable of delivering unmatched operational efficiency, harnessing data from myriad sources, and empowering distribution partners with best-in-class ease of doing business. Duck Creek s Professional Servicesarm is handling the implementation of all solutions, as well as developing a proprietary API-based connectionto the broker ecosystem Core Specialty is cultivating. ....

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Flexpoint Ford Announces Recommended Offer for AFH Financial Group plc

Flexpoint Ford Announces Recommended Offer for AFH Financial Group plc
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NEW YORK and LONDON, Jan. 27, 2021 /PRNewswire/ Flexpoint Ford, a private equity investment firm specializing in the financial services and healthcare industries, announced that it has entered into an agreement to acquire AFH Financial Group plc ( AFH ), a leading UK financial planning-led wealth management firm.
We believe that the UK wealth management market is currently undergoing an important transition, as regulatory and demographic trends are driving increasing demand for high quality financial advice that can be met by IFA firms with a long-term and client-centric view. In addition, the market is highly fragmented, which provides an opportunity to service customers better and create value through consolidation, ....

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Partners Capital Announces Expansion of Senior Leadership with Promotion of Five Executives to Managing Director

Partners Capital Announces Expansion of Senior Leadership with Promotion of Five Executives to Managing Director
Partners Capital, the leading global Outsourced Investment Office with in excess of $35 billion of assets under management, announces the promotion of five executives to Managing Director.
LONDON, Jan. 21, 2021 /PRNewswire/ The promotions mark a further expansion of the senior leadership rank at Partners Capital across key geographies and asset class expertise.
We are pleased to be promoting our next generation of firm leaders, said Arjun Raghavan, CEO of Partners Capital. We have ambitious goals for our future, and I have the utmost faith in the ability of this impressive group of individuals to help us lead the evolution of the OCIO industry. ....

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