December 1, 2022
K2 Insurance Services, an independent specialty insurance program manager, announced that Warburg Pincus, a global growth investor, has agreed to acquire the company from Lee Equity Partners LLC, a middle market private equity firm. According to K2, the investment will …
November 22, 2021
K2 Insurance Services LLC launched a managing general agency called K2 Parametric, which is being led by Scott Carpinteri, who has experience in the parametric insurance space. K2 Parametric will be based out of California. Carpinteri has more than 25 …
April 1, 2021
K2 Insurance Services, based in San Diego, Calif., has invested in Loss Run Pro LLC, headquartered in Missoula, Montana. LRP, founded in early 2020 by Reghan Brandt, was a participant in BrokerTech Ventures’ (BTV) 2020 Accelerator. LRP is a subscription …
March 25, 2020
San Diego, Calif.-based K2 Insurance Services LLC has named Mark Smith president. He has nearly 30 years of insurance experience, including underwriting, actuarial and finance leadership roles. He most recently spent four years at Marsh-owned MGU Victor. K2 Insurance Services …
April 24, 2019
San Diego, Calif.-based K2 Insurance Services LLC is in the process of recapitalizing with a new private equity firm, one of the owners has confirmed. Privately-held K2 is a specialty insurance services holding company with a diverse set of program …
January 22, 2019
K2 Insurance Services LLC (K2) has completed its acquisition of the assets and operations of Mid-America Risk Managers Inc. (MARM). MARM, based in Omaha, Nebraska, is a farm and agricultural focused specialty general agency that distributes specialty insurance products through …
October 23, 2018
Schaumburg, Illinois-based Zurich North America has entered into an agreement with program administrator Allied Public Risk LLC to provide a full range of insurance coverage to select cities, towns, boroughs, counties and special service districts with populations under 100,000. Zurich …
January 3, 2017
K2 Insurance Services LLC has acquired the WaterPlus, FirePlus and JPA in-force expirations from San Francisco, Calif.-based Alteris Insurance Services Inc. Terms of the deal were not disclosed. Alteris President Paul Fuller and 20 of his colleagues will join K2 …
October 9, 2012
A new managing general agency — Mission Select Insurance Services, LLC — has been formed in Texas with a focus on residential property. Mission Select, based in Argyle, was formed with the backing of San Diego, Calif.-based K2 Insurance Services …
March 27, 2012
San Diego, Calif.-based managing general agent K2 Insurance Services LLC has acquired a majority stake in Midwestern Insurance Alliance Inc., an MGA based in Louisville, Ky. that underwrites workers’ compensation coverage with a focus on transportation. Terms of the deal …