Jonathan Ritz News Today

Former Ascot Re CEO to lead the company into a new era

Coaction Specialty Insurance Group (Coaction) is pleased to announce John Berger is joining as Chairman of the Board, effective immediately....

News about educational achievements among students from west central Minnesota.

New capital will support full-service transformation

Donegal Names Sponic to Lead Personal Lines David W. Sponic has been named senior vice president of personal lines by Donegal Insurance Group. Sponic

New Jersey-based ProSight Global, Inc., a privately-owned specialty property/casualty insurance company, has announced that it is rebranding as Coaction

Professors respond to mental health within their classes Initiatives professors take to ensure their students are doing all right mentally Design by Daena Faustino. — According to a 2015 study by the National College Health Assessment, "85% of college students reported that they had felt overwhelmed by everything they had to do at some point within the past year."  At Michigan State University, professors approach mental health in different ways, choosing what to include in their syllabi and...

ProSight to Become Private Company After Being Acquired by Investors International investment management firm TowerBrook Capital Partners and private equity firm Further Global Capital agreed to acquire 100 percent of the common stock shares of specialty insurer ProSight Global for $586 million cash. The deal, announced last Friday, means the specialty insurer will move forward as a private company. ProSight went public in July 2019. The acquisition is expected to close in third-quarter 2021, s...

15-06-2020 ProSight Global is to be acquired by private equity firms TowerBrook Capital Partners and Further Global Capital Management in an all-cash transaction valued at $586 million. Meanwhile, the US specialty insurer has entered into a reinsurance deal with Bermuda-based Enstar Group. The rest of this article is locked. Please login to continue reading.   If you dont have a login, you will need to purchase a subscription to gain access to this article, and all the other content. Please ...

Share this article Share this article NEW YORK and LONDON and MORRISTOWN, N.J., Jan. 15, 2021 /PRNewswire/ -- TowerBrook Capital Partners L.P. ("TowerBrook"), an international investment management firm, and Further Global Capital Management ("Further Global"), a private equity firm focused on the financial services industry, today announced the signing of a definitive merger agreement, under which affiliates of TowerBrook and Further Global will acquire all outstanding shares of common stock ...