Frank Majors News

Acrisure Acquires MGA Platform Volante Global From Markel’s Nephila

Acrisure, the Grand Rapids, Mich.-based financial services and insurance brokerage firm, announced it is acquiring Volante Global, a multi-class, multi-territory international managing general agent (MGA). Headquartered in London with a presence in seven countries, Volante provides niche, specialist re/insurance products …

Nephila Gets In-Principle Approval From Lloyd’s to Form Managing Agency

Bermuda-based Nephila Capital announced that the Lloyd’s Board (previously called the Franchise Board) has given in principle approval to Nephila’s plan to form its own managing agency, subject to regulatory authorization. Nephila is the largest institutional asset manager of vehicles …

Insurance Linked Securities Specialist Nephila Hired by Blackstone Vehicle

A Blackstone Group LP vehicle offering hedge fund strategies to mutual fund investors plans to allocate money to a firm backed by rival KKR & Co. The Blackstone Alternative Multi-Strategy Fund is hiring Nephila Capital Ltd. as a sub-adviser, according …