Add-on Acquisition • Insurance

Crum & Forster Acquires Seneca Insurance Co.

On April 27, 2000, Crum & Forster acquired insurance company Seneca Insurance Co. for 65M USD

Acquisition Context
  • This is Crum & Forster’s 1st transaction in the Insurance sector.
  • This is Crum & Forster’s largest (disclosed) transaction.
  • This is Crum & Forster’s 1st transaction in the United States.
  • This is Crum & Forster’s 1st transaction in New York.

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M&A Deal Summary

Date April 27, 2000
Target Seneca Insurance Co.
Sector Insurance
Buyer(s) Crum & Forster
Deal Type Add-on Acquisition
Deal Value 65M USD

Target Company

Seneca Insurance Co.

New York, New York, United States
Seneca Insurance Company operates as a specialty property and casualty insurance company.
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Buyer Overview 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 Context for Buyer #
Overall 1 of 3
Sector: Insurance 1 of 3
Type: Add-on Acquisition 1 of 3
State: New York 1 of 2
Country: United States 1 of 3
Year: 2000 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-02 Monitor Life Insurance Co.

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.

Buy -