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Crum & Forster Accident & Health Division Announces Acquisition Of Partners Mgu

Feb 21, 2023•almost 3 years ago

Acquiring Company

Crum & Forster Accident & Health

Acquired Company

Partners MGU

InsuranceHealth Care

Description

Today, Crum & Forster (C&F) Accident & Health (A&H) announced the acquisition of medical stop loss insurance agency, Partners Managing General Underwriters LLC (PMGU), as the latest move in expanding its position in the self-insured marketplace.

Company Information

Company

Crum & Forster Accident & Health

About

Crum & Forster, rated A (Excellent) by AM Best (2022), is a national commercial property and casualty group of insurance companies wholly owned by Fairfax Financial Holdings Limited. Since 2000, Crum & Forster's Accident & Health Division has offered a diverse portfolio of specialty insurance and reinsurance products nationwide. We place a strong focus on product development and creative distribution methods, along with excellent client service and support. In addition, our ability to provide international Accident & Health solutions through our Cayman Island captive facility as well as through various partnerships within the Fairfax family demonstrates our dedication to providing alternative strategies in an ever-changing insurance market. Follow us on LinkedIn, Twitter and Instagram. The C&F logo, C&F and Crum & Forster are registered trademarks of United States Fire Insurance Company.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed