K2 Insurance Services Makes Early-Stage Investment in Loss Run Pro

Warburg Pincus Acquires K2 Insurance Services from Lee Equity Partners

December 1, 2022

Insurance

Warburg Pincus has agreed to acquire K2 Insurance Services from Lee Equity Partners to support the company's next phase of growth, including M&A and de-novo incubation. K2, a San Diego-based specialty insurance program manager that services over $1 billion in premiums through a portfolio of MGAs, will be backed by Warburg Pincus to expand its underwriting and distribution capabilities.

Lee Equity Acquires Majority Stake in K2 Insurance Services

May 14, 2019

Financial Services

Lee Equity Partners has signed a definitive agreement to acquire a majority ownership interest in K2 Insurance Services, a San Diego-based specialty insurance services holding company that owns a group of managing general agents (MGAs). K2's management, led by CEO Bob Kimmel, will remain in place with a meaningful equity stake; K2's carrier Aegis Security Insurance Company will be spun off and remain with Endeavour Capital and Patrick Kilkenny. The investment is intended to support K2's organic growth and acquisition-driven expansion of its specialty MGA platform.

K2 Insurance Services Acquires Majority Stake in Columbia Pacific Finance

March 15, 2021

Insurance

K2 Insurance Services has acquired a majority stake in Columbia Pacific Finance (CPF), a Missoula, Montana–based premium finance and billing solutions provider for insurance agencies. The partnership will expand K2's product offerings and national footprint in premium financing and billing; CPF President Reghan Brandt will continue to lead day-to-day operations.

K2 International Acquires Rising Edge's Management Liability Underwriting Business

February 2, 2026

Financial Services

K2 Group Holdings Limited (K2 International) has acquired the management liability underwriting business and book of business from Rising Edge, establishing a new London-based division rebranded as K2 Executive Risk Limited led by Yoel Brightman. The deal transfers the existing book and capacity arrangements to K2 and expands the group's Financial Lines capabilities within its London underwriting platform.

One80 Intermediaries Acquires ProSurance Group

March 1, 2022

Insurance

One80 Intermediaries, a specialty insurance wholesaler and program manager, has acquired ProSurance Group, a Mountain View-based managing general agent and program manager focused on professional liability and crime coverages for financial services. Terms were not disclosed; Marsh, Berry & Company served as exclusive financial adviser to ProSurance Group. The deal expands One80’s professional/financial lines capabilities and establishes a West Coast presence.

ReSource Pro Acquires MIS Insurance Services

October 17, 2022

Software

ReSource Pro, an insurance-focused business process and technology provider, has acquired MIS Insurance Services, a Maitland, Florida-based provider of policy administration software and web-based services for the commercial P&C insurance market. The acquisition (closed October 14, 2022) will enable ReSource Pro to deepen its policy administration and program-launch capabilities and expand MIS's reach through ReSource Pro's carrier, MGA and program administrator network.