January 19, 2016

Aquiline announces a majority investment in the insurance risk distribution and financial services organization.

On January 19, longtime Willkie client Aquiline Capital Partners announced that it has made a majority investment in Wellington Insurance Group, a Texas-based risk distribution business specializing in the delivery and administration of residential property insurance. Wellington’s risk distribution business involves specialized underwriting expertise and market knowledge in specialty personal lines of business characteristic of low-severity and short-tailed risks.

Aquiline is a private equity firm based in New York investing in middle-market businesses across the financial services sector in banking and credit, insurance, investment management and markets, and financial technology.

The deal was handled by partners Gregory Astrachan, Jeffrey Poss, Allison Tam, Christopher Peters, Jordan Messinger and Jeffrey Goldfarb; counsel Jonathan Konoff; associates Robert Rizzo, Margaret McSpadden, Andrew Prodromos, Kristen DiCarmine, Marisa Matays, Kapiljeet Dargan, Bradley Brown, Katharine Donaldson, Amir Ghavi, Dorna Mohaghegh, Jennifer Schanes, Elizabeth Case and Natalie Whitaker; and law clerk Thea Rogers.