Aquiline Capital Partners, a New York-based private equity firm focused on financial services, announced that it has completed its acquisition of leading specialist motor insurer Equity Insurance Group, comprised of motor insurer Equity Red Star and managing agency Equity Syndicate Management Ltd., from Insurance Australia Group.
Equity Insurance Group is the largest motor insurance syndicate at Lloyd’s and one of the UK’s ten largest motor insurers.
Ian Parker has been appointed Chief Executive Officer of the company and Patrick O’Sullivan will serve as Chairman of Equity Syndicate Management.
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