Latest ProSight Specialty Insurance Headlines
All the headlines from our ProSight Specialty Insurance Topic Page, ordered by recency.
ProSight Specialty Rebrands as Coaction
Mar 23 2022 // New Jersey-based ProSight Global, Inc., a privately-owned specialty property/casualty insurance company, has announced that it is rebranding as Coaction Global, Inc. The new name is effective April 19, 2022. The rebranding...
Investors Complete Acquisition of Specialty Insurer ProSight Under Plan to Go Private
Aug 4 2021 // Investment management firm TowerBrook Capital Partners and private equity firm Further Global Capital Management said they have completed the acquisition of ProSight Global, Inc., a New Jersey-based domestic specialty...
ProSight to Become Private Company After Being Acquired by Investors
Jan 20 2021 // 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...
New Jersey’s ProSight Global Adds Three to Its Senior Management Team
May 8 2020 // ProSight Global Inc. has added three members to its senior management team. It recently hired Chief Claims Officer Donna Biondich, Chief Investment Officer Nico Santini and Jeff Arricale, chief of staff and head of capital...
ProSight Expands Into Captive Market; Founder Beneducci Resigns to Form Agency
Jan 30 2020 // ProSight Global, Inc. (PROS) is expanding its insurance portfolio into the captive insurance market as part of a what it described as a strategic move that includes ProSight’s founder and former CEO Joe Beneducci...
Business Moves
Nov 18 2019 // East Brown & Brown of Massachusetts, Yozell Brown & Brown of Massachusetts LLC has acquired substantially all of the assets of Yozell. Founded in 1960 by Peter Yozell, Yozell Associates strives to provide its...
H.W. Kaufman Group Partners with RB Jones Marine, ProSight Specialty Insurance
Aug 30 2019 // H.W. Kaufman Group, a global network of companies, has expanded its subsidiary RB Jones as it partners with ProSight Specialty Insurance to become the exclusive administrator for its Marine Solutions and Excess Energy...
RB Jones, Prosight Specialty Form RB Jones Marine; Tap Engel to Lead
Aug 29 2019 // H.W. Kaufman Group, a global network of companies, has expanded the capabilities of its subsidiary RB Jones through a new partnership with ProSight Specialty Insurance. RB Jones will be the exclusive administrator for...
ProSight Prices IPO at $14 per Share
Jul 25 2019 // Specialty insurer ProSight Global announced the pricing of the initial public offering (IPO) of 7.8 million shares of common stock at a price to the public of $14.00 per share. The shares are expected to begin trading on...
Specialty Insurer ProSight Hopes to Raise $140 Million with IPO
Jul 18 2019 // ProSight Global Inc. announced its IPO terms, which include expectations of raising at least $140 million. The specialty insurer said the company’s initial public offering would involve more than 8.8 million shares...
Hannon Assumes CEO Role at ProSight as Beneducci Steps Aside to Become Chairman
May 14 2019 // ProSight Specialty Insurance announced that Joe Beneducci will be taking over the role of executive chairman for the insurer. Larry Hannon, who has been serving as ProSight’s chief operating officer, will succeed...
ProSight Adds Coverage for Fitness, Wellness Experts to Direct-to-Consumer Platform
Nov 1 2018 // ProSight has expanded ProSight Direct, its online direct-to-consumer platform that offers customized insurance for small business professionals, to include coverage for customers in the fitness and wellness...
ProSight Specialty Kicks Off Direct Sales Platform With Online Offering for DJs
Apr 23 2018 // ProSight Specialty Insurance (ProSight) has launched ProSight Direct, an online sales platform that allows potential insureds purchase insurance coverage through a simplified application. Because of ProSight’s...
Randall & Quilter Agrees to Novate Management of ProSight’s Syndicate 1110
Oct 30 2017 // Randall & Quilter Investment Holdings Ltd. (R&Q) announced it has reached agreement with ProSight Specialty Insurance to novate the management of Syndicate 1110 to R&Q Managing Agency Ltd. (RQMA). Day-to-day...
ProSight Specialty Launches All-lines Marine Contractors Insurance Program
Jul 26 2017 // ProSight Specialty Insurance has launched its Longshore+ Marine Contractors program, with the goal of unifying all lines of marine insurance under a single carrier. The package offering provides the following coverages:...
ProSight Appoints Green & Kennet as Senior Leaders for Its Lloyd’s Operation
Oct 12 2016 // Morristown, N.J.-based ProSight Specialty Insurance has made two key appointments to the management team of its Lloyd’s operation, ProSight Specialty Managing Agency. Philip Green becomes finance director while...
ProSight, Program Brokerage Corporation Launch Pest Control Program
Sep 15 2016 // ProSight Specialty Insurance has launched a new pest control program to be distributed by Program Brokerage Corporation (PBC), a wholesale insurance brokerage firm and the official endorsed broker of the National Pest...
ProSight Specialty Hires Kenny as Senior Executive in New Jersey
Jan 13 2016 // ProSight Specialty Insurance has hired Kevin Kenny as senior executive, Strategic Initiatives. He is based in ProSight’s Morristown, New Jersey, headquarters office. In his new role, Kenny will oversee the...
ProSight Specialty Managing Agency Appoints Furgueson as Managing Director
Sep 14 2015 // ProSight Specialty Insurance has appointed Michael Furgueson as managing director of ProSight Managing Agency, succeeding Bernard Mageean, who has decided to step down due to personal reasons. Furgueson takes up the post...
Allied Insurance Brokers, ProSight Launch Program for Crane Industry
Sep 10 2015 // Allied Insurance Brokers has partnered with ProSight Specialty Insurance to offer an all-lines insurance program specifically tailored for the crane industry. The program includes risk management tools, loss control...
