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Fortegra Begins Operating From Box 388 at Lloyd’s of London
Insurance Journal· 2025-10-09 14:03
Core Insights - Fortegra Group Inc. has secured a box in the underwriting room at Lloyd's, marking a significant milestone in its commitment to the London insurance market [1][3] - The company operates from over 20 locations globally, including its London office in the "Walkie Talkie" building [2] - The acquisition by South Korea's DB Insurance Co. for $1.65 billion is expected to be completed by mid-2026, pending stockholder and regulatory approvals [4] Group 1 - Fortegra's presence in the Lloyd's underwriting room enhances its ability to deliver reliable insurance solutions and market access [3] - The move is part of Fortegra's long-term expansion strategy, building on established operations in London and Brussels [3] - The company aims to deepen relationships with brokers and partners, positioning itself at the center of international risk transfer [3] Group 2 - The acquisition deal with DB Insurance Co. is valued at $1.65 billion, highlighting Fortegra's market value and strategic importance [4] - The completion of the acquisition is anticipated in mid-2026, indicating a timeline for stakeholders [4]