M&A Deal Summary

Wright National Flood Insurance Acquires UPC Insurance - Flood Insurance Policy Book

On June 14, 2022, Wright National Flood Insurance acquired insurance company UPC Insurance - Flood Insurance Policy Book from United Property & Casualty Insurance

Acquisition Highlights
  • This is Wright National Flood Insurance’s 1st transaction in the Insurance sector.
  • This is Wright National Flood Insurance’s 1st transaction in the United States.
  • This is Wright National Flood Insurance’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2022-06-14
Target UPC Insurance - Flood Insurance Policy Book
Sector Insurance
Buyer(s) Wright National Flood Insurance
Sellers(s) United Property & Casualty Insurance
Deal Type Divestiture

Target

UPC Insurance - Flood Insurance Policy Book

Connecticut, United States
UPC Insurance's Flood Insurance Policy Book includes insurance services in Connecticut.

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Buyer(S) 1

Buyer

Wright National Flood Insurance

St. Petersburg, Florida, United States
Category Company
Sector Insurance
DESCRIPTION

Wright National Flood Insurance is a flood insurance provider. Wright National Flood Insurance is based in St. Petersburg, Florida.

DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Divestiture) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1

Seller(S) 1

SELLER

United Property & Casualty Insurance

Connecticut, United States
Category Company
Sector Insurance
DESCRIPTION

United Property & Casualty Insurance Co. operates an insurance business in the states of Connecticut, New Jersey, Massachusetts, and Rhode Island.

DEAL STATS #
Overall 2 of 2
Sector (Insurance) 2 of 2
Type (Divestiture) 2 of 2
State (Connecticut) 1 of 1
Country (United States) 2 of 2
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-16 United Personal lines Insurance Business

Georgia, United States

United Personal lines Insurance Business provides insurance in the states of Georgia, North Carolina, and South Carolina.

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