M&A Deal Summary

Clear Blue Insurance Group Acquires RLI Indemnity Co.

On November 3, 2015, Clear Blue Insurance Group acquired insurance company RLI Indemnity Co.

Acquisition Highlights
  • This is Clear Blue Insurance Group’s 1st transaction in the Insurance sector.
  • This is Clear Blue Insurance Group’s 1st transaction in the United States.
  • This is Clear Blue Insurance Group’s 1st transaction in Illinois.

M&A Deal Summary

Date 2015-11-03
Target RLI Indemnity Co.
Sector Insurance
Buyer(s) Clear Blue Insurance Group
Deal Type Add-on Acquisition

Target

RLI Indemnity Co.

Peoria, Illinois, United States
RLI Indemnity Co. is an insurance company.

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Buyer(S) 1

Buyer

Clear Blue Insurance Group

Charlotte, North Carolina, United States

Category Company
Sector Insurance
DESCRIPTION

Clear Blue Insurance Group is an non-risk bearing insurance business that enables insurers to access the on-shore market through use of its licensing and rating and services. Clear Blue Insurance Group is based in Charlotte, North Carolina.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1