News

Ascent Underwriting (“Ascent”), the cyber and specialty lines MGA, today announced the completion of its acquisition by Preservation Capital Partners, having obtained FCA approval. The existing Ascent management team will retain a significant shareholding in the company, and continue to manage the business during its next stages of growth. Further terms of the transaction were...

Preservation Capital Partners (“Preservation Capital”), a financial services focused private equity firm, will take a substantial stake in Ascent Underwriting (“Ascent”), a leading cyber and specialty lines MGA. Preservation Capital will provide significant growth capital to support Ascent’s growth ambitions through the development of new business lines and complementary products via the acquisition of emerging...