Emerald Bay paid $26.6mn to buy Mainsail from Hippo

Hippo sold its Mainsail Insurance Company subsidiary to Bain Capital-backed Emerald Bay Risk Solutions for $26.6mn in cash, recognising an $8.2mn total gain in its third-quarter financials.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@thomsonreuters.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com

      Insurance
      M&A