Genex Services (Genex), a Wayne, Penn.-based provider of cost containment services to the workers’ compensation, disability and auto industries, announced that funds managed by private equity firm Stone Point Capital LLC (Stone Point) have acquired a majority interest in Genex …
Newport Beach, Calif.-based Alliant Insurance Services announced a significant equity investment from funds managed by Stone Point Capital LLC. In connection with the transaction, funds managed by Stone Point will become Alliant’s largest institutional shareholders. Following the transaction, Alliant’s existing …
Privilege Underwriters Inc., the holding company for the PURE Group of Insurance Companies, including the member-owned Privilege Underwriters Reciprocal Exchange (PURE), said it is recapitalizing with equity investments from funds managed by private equity firm Stone Point Capital, investment firm …
Enstar Group Limited and Stone Point Capital LLC announced the completion of the acquisition of global specialty insurer, Torus Insurance Holdings Limited, originally agreed to in July 2013. The announcement added that Torus has also appointed Patrick Tiernan as Executive …
Edgewood Partners Insurance Center LLP is working with Bank of America Corp. to solicit offers, according to the people familiar with the matter, who asked not to be named because the process is private. The San Mateo, Calif.-based broker, which …
