CRC Group to acquire Atrium Underwriting from Stone Point Capital.

CRC Group, a brokerage and underwriting specialty insurance distributor, agreed to acquire Atrium Underwriting, a premier underwriting business at Lloyd’s that manages Syndicate 609 and writes specialty insurance and reinsurance across property, casualty, and specialty business groups, from Stone Point Capital, an alternative investment management firm. Financial terms were not disclosed. “The confidence shown by CRC Group in Atrium is a testament to the strong business and brand that has been created since the company’s inception in 1984. As we move to the next phase of Atrium’s history, we are poised to deliver our strategic transformation agenda, one that builds on our team’s distinctive culture and Atrium’s long-standing reputation for delivering a consistent return on capital to its third-party capital providers,' John Fowle, Atrium CEO.