Gryphon Holdings to acquire PrimeOne Insurance, a US commercial insurance specialist. Deal specifics not disclosed. PrimeOne focuses on property and casualty insurance for program administrators and MGAs. Under Gryphon, PrimeOne will be a core underwriting platform with expanded services and global connections. Expected completion in Q1 2026 pending regulatory approval.

PrimeOne president David Thorson sees Gryphon partnership as strategic for growth and reinsurance relationships. Gryphon, backed by Phoenix Merchant Partners, offers insurance, reinsurance, and specialty market investments. Acquisition expands Gryphon’s platform to MGA services, claims, asset management, and carrier model. CEO Erin Brennan Bagley excited for unified platform vision.

Deal follows Freedom Underwriters’ planned acquisition of Concert Group backed by Gryphon. Acquisition aligns with Gryphon’s vision of connecting investors and insurance markets for innovation. Original article published by Life Insurance International.

Read more at Yahoo Finance: Gryphon Holdings to acquire PrimeOne Insurance