Willkie advised Aquiline Capital Partners in its investment in leading national insurance program manager.
On April 12, Willkie client Aquiline Capital Partners announced that it had entered into a definitive agreement to acquire a majority stake in Distinguished Programs, a national insurance program manager.
Since its founding in 1995, Distinguished Programs has grown into one of the largest independent program managers in the country. Distinguished Programs underwrites and distributes insurance products across 14 programs with a technology-centric approach. Current programs include property and casualty products for the Real Estate and Hospitality markets, as well as prize coverage for golf hole-in-one and other prize indemnification products.
Aquiline Capital Partners is a private investment firm based in New York and London with approximately $7.5 billion in assets under management.
The Willkie team was led by partners Jeffrey Poss and Manuel Miranda and included associates Justin Sommerkamp and Alexander Salem.