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Ambac Financial Group, Inc. Launches Tara Hill Insurance Services With Peter Mc Keegan As Chief Executive Officer
RECENTLY ACQUIREDJun 24, 2024•almost 2 years ago
Position
Chief Executive Officer
Company
Ambac Financial Group
Peter McKeegan
New YorkFinancial ServicesFinanceInsurance
Description
Ambac Financial Group, Inc. announced the launch of Tara Hill Insurance Services, a program administrator specializing in Management and Professional Liability, with Peter McKeegan appointed as the chief executive officer. Tara Hill will focus on developing an Excess & Surplus (E&S) portfolio for small to medium-sized risks.
Company Information
Company
Ambac Financial Group
Location
New York, New York, United States
About
Ambac Financial Group, Inc. (“Ambac”) is an insurance holding company with a strong presence in the specialty property and casualty insurance market. It is listed on the New York Stock Exchange under the ticker symbol AMBC and has a vision of being a premier destination for MGAs (Managing General Agencies), aligning with a team that has proven ability to build and launch profitable de novo MGAs. Ambac's acquisition of 60% controlling stake in Beat Capital Partners Limited significantly accelerates its progress towards its financial targets and strengthens its position in the global insurance market.
New YorkFinancial ServicesFinanceInsurance