White Mountains Insurance Group to Acquire Majority Stake in Distinguished Programs

July 7, 2025

White Mountains Insurance Group has agreed to acquire a 51% controlling majority stake in Distinguished Programs, a managing general agent (MGA) and program administrator focused on specialty property & casualty insurance. White Mountains will pay $230 million for approximately half of Distinguished’s outstanding equity interests, with closing expected in Q3 2025 subject to regulatory approvals and customary conditions.

Targets
Distinguished Programs
Sellers
Aquiline Capital Partners
Industry
Insurance
Location
United States
Transaction Type
Buyout

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