K2 Insurance Services News

People Moves: K2 in California Moves Farrell to Primary Leadership; CLARA Analytics Names Jones Chief Marketing Officer

K2 Insurance Services announced that Partners General Insurance Agency President Tom Farrell has taken over the primary leadership function. Farrell joined K2 in 2019. He was promoted to president in 2021. PGIA joined the K2 family in 2018 via a …

K2 Acquires Columbia Pacific Finance in Montana

K2 Insurance Services has acquired a majority stake in privately held premium finance company Columbia Pacific Finance LLC in Missoula, Montana. Following the acquisition of CPF, President Reghan Brandt will continue to lead the day-to-day premium finance operation of the …

Newly-Formed K2-Backed Exchange to Offer Coverage for Mobile Homeowners in Florida

Insurance services holding company K2 Insurance Services and New York based private equity firm Lee Equity Partners have formed American Mobile Insurance Exchange (AMIE), a reciprocal exchange that will seek to insure mobile homeowners in Florida. AMIE, which is headquartered …

Skyward Specialty Insurance Group Acquires Aegis Surety, Sells XPro

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 …

K2 Insurance Services Launches International Re/insurance Platform in London

K2 Insurance Services, the underwriting and distribution specialist in the U.S. program insurance market, announced the launch of K2 International, a specialty insurance and reinsurance underwriting platform, based in London. K2 International has been created through the acquisition of Pioneer …

K2 Insurance Services Completes Purchase of MGA Pioneer Underwriters

K2 Insurance Services LLC, the specialty insurance services holding company, has completed the purchase of Pioneer Underwriters, the London-based managing general agency. The deal was facilitated with a portfolio transfer, whereby Pioneer’s ongoing underwriting portfolio, together with underwriting and support …

K2 Insurance Agrees to Acquire Pioneer Underwriters’ Portfolio

Pioneer Underwriters, the managing general agency, and K2 Insurance Services LLC, the specialty insurance services holding company, announced they have signed terms for a portfolio transfer, to facilitate K2’s purchase of Pioneer. Under the transaction, Pioneer’s ongoing underwriting portfolio, together …

K2 Insurance of U.S. to Acquire UK’s Pioneer Underwriters

California-based specialty insurance holding company K2 Insurance Services is acquiring London-based Pioneer Underwriters. Pioneer will form the cornerstone for a new international platform of K2. This will initially include the Pioneer offerings in property catastrophe reinsurance, financial institutions, international property …

K2 Insurance Services Recapitalizes with Lee Equity; Will Spin Off Aegis Security

San Diego-based K2 Insurance Services, a specialty insurance services holding company, has found a new equity partner. Lee Equity Partners, a middle market private equity firm, has agreed to acquire a majority ownership interest in K2. K2 said that its …

State Auto Sells Rockhill’s General Liability, Gas Distribution Business to K2 Insurance

State Auto Insurance is continuing its exit from the specialty insurance business, selling off more of the business of its excess and surplus lines subsidiary, Rockhill Insurance Group. The buyer this time is specialty insurance holding company K2 Insurance Services, …