M&A Deal Summary

Crum & Forster Acquires Partners Managing General Underwriters

On February 21, 2023, Crum & Forster acquired insurance company Partners Managing General Underwriters

Acquisition Highlights
  • This is Crum & Forster’s 3rd transaction in the Insurance sector.
  • This is Crum & Forster’s 3rd transaction in the United States.
  • This is Crum & Forster’s 1st transaction in Arizona.

M&A Deal Summary
Date 2023-02-21
Target Partners Managing General Underwriters
Sector Insurance
Buyer(s) Crum & Forster
Deal Type Add-on Acquisition

Target

Partners Managing General Underwriters

Phoenix, Arizona, United States
Partners Managing General Underwriters is an operator of a medical stop-loss insurance underwriters handle a high volume of business and also give producers personalized service and direct access to underwriters. Partners Managing General Underwriters was founded in 2016 and is based in Phoenix, Arizona.

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Buyer(S) 1

Buyer

Crum & Forster

Morristown, New Jersey, United States
Category Company
Founded 1896
Sector Insurance
DESCRIPTION

Crum & Forster provides specialty and standard commercial lines insurance products through company admitted and surplus lines insurance companies. The group is a founding member of the North American Pet Health Insurance Association (NAPHIA). Pethealth Inc. offers pet services through two brands 24Pet and VioVet. 24Pet are the experts in lost pet solutions, pet adoptions, animal welfare, and shelter support. A family of platforms, services, products, and people, obsessed with pets. From connecting them with loving families to protecting and helping keep them happy, healthy, and home. VioVet is a UK-registered veterinary online pet retailer that offers a variety of pet and horse supplies, including prescription and non-prescription medications, supplements, food, toys, and more. Crum & Forster was formed in 1896 and is based in Morristown, New Jersey.

DEAL STATS #
Overall 3 of 3
Sector (Insurance) 3 of 3
Type (Add-on Acquisition) 3 of 3
State (Arizona) 1 of 1
Country (United States) 3 of 3
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-02 Monitor Life Insurance

Utica, New York, United States

Monitor Life is a provider of innovative insurance products to customers, brokers, and business partners with innovative insurance products and creative ideas backed by superior personal service and cutting-edge technology.

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