September 13, 2023
Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based brokerage, risk management and consulting services firm, announced that its captive and alternative risk transfer solutions subsidiary, Artex, has acquired Bermuda-based Frontier Financial Services Ltd. Terms of the transaction were not …
June 10, 2020
Cryptoasset insurer Evertas has received a license from the Bermuda Monetary Authority to start operating from the jurisdiction. Evertas’ operations in Bermuda will now aim to start issuing policies for theft or loss of cryptoassets, with a view to securing …
November 18, 2019
Arthur J. Gallagher & Co. announced its captive and alternative risk transfer solutions subsidiary, Artex Risk Solutions Inc., has completed its purchase of Bermuda-based Horseshoe Insurance Services Holdings Ltd. Financial terms of the deal, which was first announced in October …
October 4, 2019
Artex Risk Solutions, the captive and alternative risk management solutions subsidiary of Arthur J. Gallagher & Co., announced it has reached agreement to acquire Horseshoe Insurance Services Holdings Ltd., which will strengthen its insurance-linked securities (ILS) operations. The transaction is …
March 22, 2019
Artex Risk Solutions, the Bermuda-based alternative risk management solutions provider, announced that Peter Mullen has re-joined the company as chief executive officer, with David McManus assuming the new role of chairman. The move was first announced in March 2018. Artex …
March 26, 2018
Artex Risk Solutions announced that Peter Mullen will be re-joining the company in March 2019 as CEO-elect. He will step into the role once he has fulfilled his contractual obligations to Aon Captive & Insurance Management, where he has been …
January 29, 2018
Bermuda-based Artex announced the creation of Artex Risk Solutions (Singapore) Pte Ltd., its first office in the region, which will oversee the growth and development of Artex’s Asia Pacific captive and risk solutions strategy. Vic Pannuzzo has been hired as …
May 5, 2016
Bermuda-based Artex Risk Solutions* announced that it has acquired Quest Holdings (Gibraltar) Ltd., the largest insurance manager in Gibraltar. Founded in 2004, Quest specializes in providing services to insurance companies in Gibraltar, which provided the ability to operate throughout the …
March 30, 2016
Artex Risk Solutions announced it has entered into a definitive agreement to acquire the cores of Guernsey-domiciled Hexagon Insurance PCC Ltd. and its subsidiaries. All regulatory approvals have been received and the deal is expected to close on March 31, …
March 22, 2016
Itasca, Ill.-headquartered Arthur J. Gallagher & Co. announced it has reached an agreement with Kane Group to acquire its insurance management operations (KIM). This acquisition is expected to close on or about March 31, 2016 and is subject to certain …