KBW has substantial expertise in the insurance and asset management industry and focuses on providing capital raising and advisory services for companies throughout the United States, Canada, and Bermuda. In addition, the KBW insurance practice works in close coordination with our European investment banking group on cross border assignments. Since 2003, the Insurance and Asset Management team has worked on more than 200 announced transactions with a deal value in excess of $100 billion. Our clients range from small, regional companies to large global enterprises and include both risk bearing underwriters and service and distribution companies. We provide our services to private, public, and mutual insurance companies and to regulators including state insurance departments. KBW also works very closely with private equity firms that invest in the insurance industry.
Our core activities include the following:
Our team consists of 10 professionals with an impressive track record of advisory and capital raising experience across the financial institutions sector. The team's extensive experience is well suited to the wide range of potential transactions in the current, complex market environment. The global reach of the practice has been extremely beneficial to our clients. We distinguish our group through the breadth of our coverage and experience, the depth of our commitment to senior level involvement in transaction execution and the quality and independence of our advice.
The firm has a strong track record of successfully placing public and private equity and debt securities with high-quality institutional investors with an institutional sales force that is recognized by nationally known investor polls as a leader in its field.
Select Transactions (more)
|Date||KBW Client||Transaction||Amount ($MM)|
|10/31/2018||Main Street America Group Mutual Holdings, Inc.||Merger with American Family Insurance Mutual Holding Company||N/A|
|10/1/2018||Medical Liability Mutual Insurance Company||Demutualization and Sale to National Indemnity Company||$2,502.0|
|7/25/2018||Focus Financial Partners, LLC||Co-Manager on IPO||$615.4|
|4/26/2018||Goosehead Insurance, Inc.||Co-Manager on IPO||$85.3|
|4/5/2018||Securian Financial Group, Inc.||Joint Book Manager on Senior Note Offering||$500.0|
|3/2/2018||State Automobile Mutual Insurance Company||Divestiture of Rockhill Insurance Group||N/A|
|12/14/2017||American Family Insurance Group||Acquisition of Networked-Insights Inc.||N/A|
|10/16/17||Fortegra Financial Corporation||Joint Book Manager on Subordinated Debt Offering||$125.0|
|8/8/2017||Securian Financial Group||Sale of H. Beck Inc. to Kestra Financial, Inc.||N/A|
|06/06/17||Athene Holding Ltd.||Passive Bookrunner on Common Stock - Follow On Offering||$912.9|
|05/15/17||SCS Financial||Sale to Focus Financial Partners||N/A|
|04/10/17||The Riverside Company||Sale to Parkwood LLC||N/A|
|03/28/17||Athene Holding Ltd.||Passive Bookrunner on Common Stock - Follow On Offering||$1,533.8|