Jairo Ibarra is a journalist who has worked in the insurance industry, with his articles appearing in publications such as Inside P&C and Insurance Insider. He covers a range of topics within the insurance sector, including company news, industry trends, and market analysis.
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Jairo Ibarra's coverage primarily revolves around the insurance and reinsurance industry, with a focus on company announcements, business developments, and industry-specific data. He frequently covers press releases and private sector announcements related to insurance companies, reinsurers, and InsurTech firms.
Given Jairo's focus on business and industry news within the insurance sector, he is likely to be interested in pitches that offer unique insights into market trends, strategic moves by major players in the industry (such as mergers or acquisitions), or innovations within the InsurTech space. Additionally, providing data-backed analysis of market shifts would likely capture his attention.
While Jairo does not specify a geographic focus in his coverage attributes or article titles, it may still be beneficial to provide context specific to regions where significant developments are occurring within the insurance and reinsurance industries.
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The firm had owned 3.45 million shares in Q2, then valued at over $256mn.
Net property losses from Hurricane Milton in October reached $153.6mn.
The activist investor’s position at the end of Q3 was valued around $116.3mn, SEC filings show.
The deal’s closing comes just a month and a half after the companies announced the transaction.
The average size of acquired agencies was $2.74mn, down from $4.23mn a year earlier.
The deal follows Davies NA's recent acquisitions of the TPA arms of HW Kaufman and Brown & Brown.
Umbrella recorded the highest premium increase, at 8.6%. Request a free trial:
Earlier this month this publication revealed that the brokerages were in advanced talks to secure a deal.
Sources said that the underwriter has been working with Houlihan Lokey to find a potential backer.
In late August, Insurance Insider US revealed that Leavitt was looking for a minority investor.
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