Filed Under:Agent Broker, Commercial Business

Around the P&C insurance industry: Jan. 3, 2018

News from Volante Global Limited, Allianz Group, Liverpool Victoria Friendly Society and more.

News from Volante Global Limited, Allianz Group, Liverpool Victoria Friendly Society and more. (Photo: Thinkstock)
News from Volante Global Limited, Allianz Group, Liverpool Victoria Friendly Society and more. (Photo: Thinkstock)

Volante Global Limited, a new multi-class and multi-territory international managing general agent platform, will launch and commence trading during the first quarter of 2018, subject to Lloyd's Coverholder approvals where appropriate. Volante will underwrite specialist portfolios of insurance and reinsurance business, including: property & casualty, professional and financial lines, motor, space & aviation, and marine & energy. 

Allianz Group and Liverpool Victoria Friendly Society (LV=) have completed the first stage of their planned sale of 49% stake in LV='s U.K. General Insurance businesses to Allianz Group. The second stage of the transaction will take place in 2019. 

RightSure Insurance Group has acquired California-based Auto & Property Insurance Solutions. The transaction is RightSure's fourteenth book of business acquisition, broadening the company's suite of insurance products and its market share in California. 

AmWINS Group Inc. has reached a definitive agreement to acquire Seacoast Brokers LLC, a South Carolina- based personal lines specialty MGA, and Trident Claims Management LLC, a licensed third-party claims administrator which manages claims on all Seacoast-issued policies. Terms of the transaction were not disclosed and is subject to regulatory approval. 

SoloProtect has launched SoloProtect Insights, its customer engagement platform. SoloProtect Insights will be available to all SoloProtect customers at no additional cost. 

Related: Around the P&C insurance industry: Dec. 20, 2017

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