trending Market Intelligence /marketintelligence/en/news-insights/trending/rt6bFYA5ZG1VY-yIO4pwHw2 content esgSubNav
In This List

Arch Insurance North America to acquire managing general underwriter

Blog

The Big Picture 2022 Insurance Industry Outlook

Podcast

Next in Tech | Episode 37: Insurance impacts on technology and vice versa

Case Study

A Prestigious Global Business School Gains a Competitive Edge

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage


Arch Insurance North America to acquire managing general underwriter

Arch Insurance North America agreed to acquire managing general underwriter Ventus Risk Management.

Stuart Mercer, co-founder of Ventus Risk, will become the managing general underwriter's CEO after the deal's completion. George Reeth, who also co-founded Ventus Risk, announced his retirement with the company's sale.

Ventus Risk offers coastal commercial property insurance solutions to small and midsize businesses on behalf of third-party carrier partners. It has offices in Atlanta; Columbia, S.C.; Houston; and Richmond, Va.

TigerRisk Capital Markets & Advisory was the exclusive financial adviser to Ventus Risk.

Arch Insurance North America is part of Arch Capital Group Ltd. Arch Insurance Co., Arch Specialty Insurance Co., Arch Excess & Surplus Insurance Co. and Arch Indemnity Insurance Co. write the U.S. business, while Arch Insurance Canada Ltd. writes the Canadian business.