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Preservation Capital Partners announces completion of BMS investment

BMS Group, (“BMS”), the independent specialist (re)insurance broker, today announced the completion of the significant equity investment by affiliates of Preservation Capital Partners (“PCP”) and [...]

Preservation Capital Partners and BCI announce investment into BMS

BMS, one of the leading specialty lines focused insurance brokers globally, today announces an agreement for a significant investment by affiliates of Preservation Capital Partners (“PCP”) and [...]

Preservation Capital invests to build MGA powerhouse

Preservation Capital Partners (“Preservation Capital”), the financial services-focused private equity firm which last year acquired an interest in the insurTech-driven cyber and specialty lines [...]

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Ascent to Launch Transaction Risk proposition with Alex Smith hire

Reporting to Chief Underwriting Officer Gareth Tungatt, Smith will establish a transactional risk business line and build a team as part of Ascent’s ongoing development of its specialty, niche [...]

Ascent moves into political risk with Hedley hire

Specialty MGA Ascent Underwriting has expanded into political risk with the recruitment of Nick Hedley, the former head of credit and political risk at Allied World Europe, The Insurance Insider [...]

Ascent Underwriting today announces the appointment of Caspar Stops as head of cyber and is due to start at the end of November

Stops joins from Brit, where he held the position of global cyber, privacy and technology underwriter. Previously he served at Aegis and Hiscox, also in underwriting roles. Reporting to Chief [...]

Ascent announced the completion of its acquisition by Preservation Capital Partners, having obtained FCA approval

Ascent Underwriting (“Ascent”), the cyber and specialty lines MGA, today announced the completion of its acquisition by Preservation Capital Partners, having obtained FCA approval. [...]

Preservation Capital Partners Announces First Investment with Acquisition of Ascent Underwriting

Preservation Capital Partners (“Preservation Capital”), a financial services focused private equity firm, will take a substantial stake in Ascent Underwriting (“Ascent”), a leading cyber and [...]