For Immediate Release
M&A Assists in the sale of Specialty Global Insurance to Capitol Indemnity
November 2009—Merger & Acquisition Services, Inc., announced that it successfully assisted in the sale of Specialty Global Insurance, a division of MPP Company Inc.. M&A acted as an advisor to MPP on the transaction. Capitol has been insuring business owners since 1959. Capitol is a national underwriter of specialty insurance products in niche areas of the commercial property & casualty and fidelity & surety markets. Through its operating entities, Capitol Indemnity Corporation, Capitol Specialty Insurance Corporation and Platte River Insurance Company, Capitol offers high quality customer service in programs tailored to the needs of its customers’ business and risk management strategies. Information on Capitol is available on www.capitol.net . Capitol has an A (“Excellent”) rating from A.M. Best. Capitol Indemnity Corporation, Capitol Specialty Insurance Corporation and Platte River Insurance Company are subsidiaries of Alleghany Insurance Holdings LLC, whose parent company, Alleghany Corporation, is publicly traded on the New York Stock Exchange (ticker symbol “Y”). Specialty Global Insurance is an underwriting and claims manager offering wholesale brokers specialized products and programs for a variety of niche markets. Specialty Global focuses on E&O coverages for a full spectrum of miscellaneous professionals, including associations, consulting, technology, Internet, marketing and other service-oriented businesses.
About Merger & Acquisition Services, Inc.
Merger & Acquisition Services, Inc. is a specialist advisory and financial services Firm to the insurance and reinsurance industry, with offices in New York, Connecticut, Georgia & Cayman Islands. Founded in 1999, the Firm and its affiliates provides investment banking and insurance consulting services globally, including; merger & acquisition advisory capital raising, valuations, program placement/fronting, and reinsurance advisory. Merger & Acquisition Capital Services, LLC., a registered broker-dealer and member FINRA / SIPC, is an affiliate of Merger & Acquisition Services, Inc.
To learn more about Merger & Acquisition Services, visit https://maservices.com.