Fairfax Financial Holdings Ltd. and Allied World Assurance Co. Holdings Ltd. are selling their majority interests in Vault Insurance to Cornell Capital and Hudson Structured Capital Management Ltd. Fairfax, through Allied World, will retain a 10% stake in Vault after the transaction. Former Allied World CEO Scott Carmilani intends to retain a Vault stake and… Continue reading Fairfax, Allied World to Sell Majority Stake in Vault Insurance
Tag: Vault Insurance
Vault Insurance Hits the Northeast
Vault, the insurance company created exclusively around the unique and fast-changing needs of the high net-worth market, announced today that it has received approvals to underwrite in Connecticut, New Jersey and Pennsylvania. This adds to their existing operations in Florida and South Carolina and non-admitted coverage offerings in the U.S. We are excited to bring… Continue reading Vault Insurance Hits the Northeast