Ambac Financial Group said it has completed the acquisition of a 60% controlling stake in London-based Beat Capital Partners for about $282 million, up to $40 million of which will be paid in shares of Ambac common stock. The deal …
Beat Capital Partners, a London-based venture capital investor that focuses on the insurance industry, announced it is planning to launch a specialty and tech-enabled credit non-payment insurance underwriter. Called “Convergence,” the business is expected to underwrite through a Lloyd’s consortium, …
Beat Capital Partners, a long-duration venture-capital investor that specializes in the insurance industry, announced the launch of a specialist energy underwriter, Horace Agency Ltd. Led by industry veteran Chris Charlton, Horace will focus exclusively on onshore and offshore energy insurance …
Corvus Insurance, the Boston-based, cyber-focused managing general agent, announced it has acquired Tarian Underwriting Ltd. from Beat Capital Partners Ltd. Tarian operates a cyber underwriting platform that provides cyber solutions and underwrites on behalf of a consortium of Lloyd’s syndicates. …
LONDON – Beat Capital Partners Ltd. and industry veteran Paul Shore have opened a new underwriting vehicle Tegron Specialty that will focus on directors and officers insurance for publicly traded companies, specializing in excess of loss placements. As CEO, Shore …
Venture capital firm Beat Capital Partners and insurance investment vehicle Paraline UK announced they plan to merge – in a move that is designed “to enhance and further build Beat’s platform to support independent underwriting businesses.” As a result of …
