BARCELONA–(BUSINESS WIRE)–ANV International Providers Ltd. (“ANV”) at the moment introduced that Zurich Insurance coverage Plc (“Zurich”) will present €10 million of capability to ANV´s properly established Mergers and Acquisitions (M&A) enterprise unit.
This extra capability will enable ANV to supply coverage limits of as much as EUR 40 million per transaction. Barcelona based mostly ANV has been underwriting M&A insurance coverage as an MGA since 2013 and focuses on offering bespoke transaction danger insurance coverage to shoppers in Europe and the U.Ok., with specific experience in Southern Europe. ANV’s worldwide group of underwriters and claims handlers are based mostly in Barcelona and London.
Alex Christians, ANV’s M&A Underwriting Director commented: “We’re delighted to have Zurich be a part of our insurer panel and assist our long-term technique for navigating this dynamic market. Their further capability will allow us to additional broaden protection options for our brokers and shoppers in a market atmosphere the place the necessity for steady, long-term protection for M&A transactions is important.”
ANV International Providers Ltd. (ANV) is world MGA underwriting specialty dangers from its places of work within the UK, Europe and america of America. ANV focuses on monetary traces and transaction danger (M&A) insurance coverage, providing underwriting options for dangers the place commonplace fashions can’t be simply utilized and a extra hands-on and solution-oriented underwriting strategy is required. ANV is a wholly-owned subsidiary of AmTrust Monetary Providers, Inc., an insurance coverage holding firm headquartered in New York, which gives specialty property and casualty insurance coverage merchandise, together with employees’ compensation, enterprise proprietor’s coverage (BOP), normal legal responsibility and prolonged service and guarantee protection.
Zurich Insurance coverage Group (Zurich) is a number one multi-line insurer that serves its clients in world and native markets. With about 55,000 staff, it offers a variety of property and casualty, and life insurance coverage services and products in additional than 215 nations and territories. Zurich’s clients embrace people, small companies, and mid-sized and enormous firms, in addition to multinational companies. The Group is headquartered in Zurich, Switzerland, the place it was based in 1872. The holding firm, Zurich Insurance coverage Group Ltd (ZURN), is listed on the SIX Swiss Alternate and has a degree I American Depositary Receipt (ZURVY) program, which is traded over-the-counter on OTCQX. Additional details about Zurich is accessible at www.zurich.com.