U.S.-based Mystic Capital Advisors Group, LLC announced thay Andrew Bathurst and Highhurst Consulting Limited are to head its London investment banking initiatives.
Bathurst previously served as CEO of Argenta Syndicate Management Ltd. He is also a former director of Benfield Ellinger, a managing director of BankAssure, and a director and active underwriter of Lloyd’s Syndicate 697. He is currently a Director of PWS Gulf Dubai and MGA Start Ups, and is also Chairman of the Insurance Institute Marine Committee and Vice President of Insurance Institute London.
Mystic Capital Managing Director Kevin Donoghue is enthusiastic about Bathurst’s arrival. “Recently, we have seen an increase in client demand for investment banking and mergers & acquisitions advisory services in the London marketplace,” he said. “Having a veteran insurance executive like Andrew on the ground will enable us to provide a higher level of service to our clients.” Donoghue added that he is thoroughly impressed with Bathurst’s extensive experience, industry savvy and high-level of integrity.
Bathurst described Mystic Capital as a “highly regarded and well-respected advisor to the insurance industry. He said he was drawn to the firm’s “professionalism, reputation and track record,” and is looking forward to “helping the firm’s clients achieve their goals in London where we can uncover a wealth of opportunities.”
According to SNL Financial, “Mystic Capital has consistently ranked among the leading advisors of completed mergers & acquisitions in US insurance marketplace, having advised over 150 completed transactions since 2002. The firm’s services have been well sought-out by numerous insurance firms including insurance companies, managing general agents and underwriters, London brokers and retail insurance agents.”
Source: Mystic Capital Advisors Group, LLC