Announced
Completed
Financials
Tags
Property and Casualty Insurance
casualty insurance
Majority
Acquisition
United States
Private
Completed
Single Bidder
Friendly
Domestic
Synopsis
Align Financial, an insurance holding company, completed the acquisition of National Lloyds, a provider of property and casualty insurance, from Hilltop, a financial holding company, for $154m. “This strategic transaction will serve to further diversify and scale Align’s business; putting us on track to write close to $500m of specialty premiums this year. National Lloyds is a leading underwriter of specialty personal property insurance and we are delighted to welcome their high-quality team to Align. We look forward to working together to deliver new and enhanced product solutions to their valued customers,” Align Kieran Sweeney, CEO.
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