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CLEARWATER, FL – Florida-based insurance technology and product distribution company, Ensurem, announced today that it has been acquired by 777 Partners, a Miami-based private investment firm. The financial terms of the deal were not disclosed. This acquisition follows several years of significant growth at Ensurem. In 2020, Ensurem was named the fastest growing company in...

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Agreement includes purchase rights for 60 additional airplanes 777 Partners will lease the 737-8s to its affiliated operating ultra-low-cost carriers   SEATTLE, March 12, 2021 — Boeing [NYSE:BA] and private investment firm 777 Partners announced today an agreement to add 24 737-8s to the firm’s diverse aviation portfolio, with purchase rights for an additional 60 airplanes....

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Brickell completes Randall & Quilter share exchange 22 January, 2021 In accordance with the exchange conditions of the subscription made by Brickell Insurance Holding LLC (“Brickell”) in April 2020, R&Q is pleased to announce the completion of the share exchange and the allotment of shares to Brickell in exchange for the transfer of its shares...

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777 Re Ltd Announces Two Reinsurance Transactions HAMILTON, BERMUDA – 777 Re Ltd (“777 Re”), a Bermuda-based reinsurance company, has announced the completion of two reinsurance transactions with US based insurance companies. Under the agreements, the direct writers will continue to service and administer the policies. The transactions will cover a quota share of newly...

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Original Article: https://www.theinsurer.com/news/sutton-national-to-retain-up-to-20-on-programs/11880.article Sutton National will seek to differentiate itself in the fronting space with its ability to take up to 20 percent of the risk on certain programs as the start-up addresses an attractive pipeline of deals after securing an A- rating from AM Best earlier today, The Insurer can reveal.   Sutton National,...

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  Original article: https://www.businesswire.com/news/home/20201020005926/en/AM-Best-Assigns-Credit-Ratings-to-Sutton-Specialty-Insurance-Company-and-Sutton-National-Insurance-Company OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-“ to Sutton Specialty Insurance Company and Sutton National Insurance Company. The outlook assigned to these Credit Ratings (ratings) is stable. Sutton Specialty and Sutton National collectively are referred to as Sutton...

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GSRM LLC, a wholly owned subsidiary of Fanatiz, will be closing today the acquisition of 100% of TVO Sport SpA (aka 1190 Sports), a Chilean stock company. 777 has agreed to fund additional money to Fanatiz so they can close the acquisition and for working capital. The total commitment amount is $2 million, payable over...

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FOR IMMEDIATE RELEASE   CONTACTS: Kate Steffanelli Senior Financial Analyst +1 908 439 2200, ext. 5063 kate.steffanelli@ambest.com Christopher Sharkey Manager, Public Relations +1 908 439 2200, ext. 5159 christopher.sharkey@ambest.com Michael Adams Associate Director +1 908 439 2200, ext. 5133 michael.adams@ambest.com Jim Peavy Director, Public Relations +1 908 439 2200, ext. 5644 james.peavy@ambest.com AM Best Removes...

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The London Lions have earned a berth in the Basketball Champions League, Qualifying Rounds for the 2020-21 season, representing the city of London in European basketball for the first time since the turn of the century. “Just…imagine bringing a team from (for example) Israel, Greece, or Lithuania to London on Wednesday night, with the place...