Announced
Completed
Financials
Tags
insurance products
risk management solutions
Domestic
Private
United States
Insurance Brokers
Acquisition
Completed
Friendly
Single Bidder
Majority
Synopsis
Paragon Insurance Holdings, an insurance agency, completed the acquisition of Trident Public Risk Solutions, a company that provides insurance products and risk management solutions for public-sector entities, from Argo Group, a Bermuda-based international underwriter of specialty insurance products in the property and casualty market. Financial terms were not disclosed. “With unmatched expertise in public entity insurance and risk management, Trident is an exciting addition to our portfolio, and its underwriters will be invaluable as we work together to help the brand reach its fullest potential. The team at Paragon is excited to broaden our partnership with Argo as well as build on new and existing relationships with retail brokers, service providers and insureds," Ron Ganiats, Paragon Insurance Holdings CEO and Co-Founder.
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