Acquiring Company
Tangram Insurance Services
Acquired Company
Preferred Reinsurance Intermediaries
PetalumaColumbiaInsuranceInsuranceDescription
Tangram Insurance Services, Inc. acquired Preferred Reinsurance Intermediaries, marking Tangram's expansion into the reinsurance brokerage market and gaining significant talent and credibility. With this acquisition, Preferred Re will support the placement of Tangram's programs and continue to partner with other independent program administrators to build and place specialty insurance programs.
Quick answer
Tangram Insurance Services is acquiring Preferred Reinsurance Intermediaries, announced January 17, 2024. Tangram Insurance Services is based in Petaluma, California, United States.
- How much did Tangram Insurance Services pay for Preferred Reinsurance Intermediaries?
- The deal value was not disclosed.
- What does Tangram Insurance Services do?
- Tangram is a full service MGA.
- Where are Tangram Insurance Services and Preferred Reinsurance Intermediaries based?
- Tangram Insurance Services is based in Petaluma, California, United States. Preferred Reinsurance Intermediaries is based in Columbia, South Carolina, United States.
Source: Fundz verified event record.
Other recent acquisitions in Insurance and Insurance
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- Amwins to Acquire Connected Risk Solutions, LLC from BRP Group, Inc. (March 1, 2024)
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- Trawick International Acquires Controlling Stake in UK-based Greenlight Insurance (February 14, 2024)
- Pacific Prime Acquires MIT Insurance Brokers Sdn Bhd (February 7, 2024)
- Southlake Specialty Insurance Company Acquires Nevada General Insurance Company (February 6, 2024)
- Specialty Program Group Acquires the Assets of Buttine Underwriters Agency, Strengthening Its Sports and Entertainment Vertical (February 6, 2024)
Who to call at Tangram Insurance Services, and when
When Tangram Insurance Services changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Tangram Insurance Services raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Tangram Insurance Services, from your own LinkedIn network
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Frequently asked
Who acquired Preferred Reinsurance Intermediaries?
Preferred Reinsurance Intermediaries was acquired by Tangram Insurance Services, based in Petaluma. The deal was reported on January 17, 2024. Tangram is a full service MGA. We underwrite and manage niche programs on behalf of A rated carriers. For over a decade, the Tangram team has brought expertise in building traditional and alternative risk programs. Tangram Insurance Services is privately held and operates in Insurance.
When did Tangram Insurance Services acquire Preferred Reinsurance Intermediaries?
Tangram Insurance Services's acquisition of Preferred Reinsurance Intermediaries was reported on January 17, 2024. Tangram Insurance Services, Inc. acquired Preferred Reinsurance Intermediaries, marking Tangram's expansion into the reinsurance brokerage market and gaining significant talent and credibility. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Preferred Reinsurance Intermediaries do?
Founded in 1983, Preferred Re is a market-leading reinsurance broker and consultant working with companies of all sizes, from start-up opportunities to well established insurance and reinsurance companies. It is privately held, operating in Insurance, and is based in Columbia.
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