Allard joins Starwood Capital with more than 27 years of financial services experience. Most recently, he helped establish Rothesay Asset Management North America, where he held dual roles as chief investment officer and head of Rothesay North America for seven years. Rothesay, originally founded within Goldman Sachs, was later acquired by Blackstone, GIC, and MassMutual in 2017.
“This transaction is about growth and opportunity,” said Ellen Cooper, chairman, president and CEO of Lincoln Financial Group, during a conference call. “Our partnership with Bain Capital will provide us a competitive advantage as we leverage their cross-platform asset management capabilities and deploy additional capital created through their investment to support enhanced profitable growth.” Source…
Running a business comes with risk—and business insurance is one of the best ways to protect everything you’ve built. But when it comes to budgeting for coverage, many owners find themselves asking the same question: How much does business insurance cost? The answer? It depends. From the size of your business to the safety measures…
“We’re committed to becoming the premier Ancillary General Agency partner in the market,” said Riva Dumeny, president of Amwins group benefits. “Nelligan’s deep expertise and strong market presence make them the perfect partner to help us achieve that vision. Together, we are expanding our product capabilities, strengthening our relationships, and enhancing our ability to support…
The launch comes as Ardonagh reported strong financial results for 2024. The company reported adjusted EBITDA of $683.4 million, up 31.2% from a year ago, while reported income rose 24% to $1.98 billion. The company also increased its workforce by nearly 1,700 employees and launched its first graduate scheme. Source link
