Arch North America Agrees to Acquire Ventus Risk Management

Transaction Overview

Arch Insurance North America (“Arch”) has agreed to acquire Ventus Risk Mgmt. (“Ventus”)

  • Terms of the transaction were not disclosed
  • Ventus’ leaders see this transaction as beneficial to its employees, brokers, customers, carrier partners

Ventus is a tech and analytics-driven managing general underwriter specializing in E&S property

  • Founded in 2016 by industry veterans George Reeth, Stuart Mercer and Richard Goldfarb
  • Headquartered in Columbia, South Carolina
  • Ventus primarily writes coastal commercial property solutions for small and mid-sized enterprises

Ventus has best-in-class analytics and modeling capabilities which provide a superior experience

  • Trusted MGU for its capacity providers and a respected business partner for its producing brokers
  • Going forward, third-party capital will provide capacity alongside Arch’s product offerings

Arch Insurance North America, part of Arch Capital Group Ltd. writes in the U.S. and Canada

  • U.S. operations include Arch Insurance, Arch Specialty, Arch Excess & Surplus and Arch Indemnity

Arch Capital Group is a global (re)insurer providing insurance, reinsurance, and mortgage products

  • Arch Capital had approximately $12.5 billion in capital at June 30, 2019

TigerRisk Capital Markets & Advisory Role

TCMA acted as exclusive financial advisor to Ventus; key roles and responsibilities include:

  • Providing holistic risk, strategic and capital advisory services
  • Leading a targeted sale process
  • Managing an organized and accelerated due diligence process
  • Analyzing and optimizing the ultimate transaction structure
  • Assistance in the negotiation of final transaction terms and conditions
  • Providing objective advice and acting as a confidant to the sellers throughout the process