Insights
Keeping you up to date on industry trends so you maintain your competitive edge and provide timely, accurate coverages for your clients.
Things You Should Never Say to Employees
If your commercial clients are insured through Jencap, they’ve got great coverage … but you still want to help them avoid situations where they’ll have to use it. In the workplace, there are many things employers can say that violate state and federal laws or can set them up for a future lawsuit. Even the most well-intentioned and innocent comments can get you in trouble. Here is a list of...
JenCap Holdings Acquires Trivedi-Capacity in New Jersey
INSURANCE JOURNAL April 26, 2016 JenCap Holdings LLC, a portfolio company of private-equity giant Carlyle Group, has acquired Trivedi-Capacity Associates LLC, a specialist MGA and wholesaler based in Mahwah, New Jersey. Terms of the transaction were not disclosed. Trivedi-Capacity is a provider of specialty programs focused on commercial risks,...
JenCap Holdings Acquires Trivedi-Capacity Associates
April 21, 2016 NEW YORK, April 21, 2016 /PRNewswire/ -- JenCap Holdings, LLC, a consolidator of specialty insurance distribution and program management businesses, including managing general agencies, specialty program underwriters, transactional wholesale brokers and captive managers, has acquired specialist MGA and wholesaler Trivedi-Capacity...
Carlyle-backed JenCap Aims to Roll-up Small Binder/MGA Business
Wholesale consolidator JenCap will look to roll-up small binding authority, program and MGA business in the E&S space with significant backing from new majority owner The Carlyle Group.
Carlyle Group Acquires Wholesale Trading Co-Op in New York
INSURANCE JOURNAL April 5, 2016 Wholesale Trading Co-Op Insurance Services, a wholesale brokerage based in New York City, recently announced that its assets will be acquired by private-equity giant Carlyle Group. Terms of the transaction were not disclosed. Wholesale Trading Co-Op Insurance Services will be renamed Wholesale Trading Insurance...
Carlyle Brokers Deal to Form Insurance Platform
WALL STREET JOURNAL March 11, 2016 The Morning Leverage: Carlyle Brokers Deal to Form Insurance Platform Carlyle Group is acquiring a majority stake in insurance broker JenCap Holdings LLC and the assets of Wholesale Trading Co-Op Insurance Services. The Washington, D.C., firm said it would fund equity for the deal out of Carlyle Global Financial...
JenCap Holdings LLC to Acquire Assets of Wholesale Trading Co-Op Insurance Services
March 10, 2016 New York – Global alternative asset manager The Carlyle Group (Nasdaq: CG) today announced that it has agreed to acquire a majority stake in wholesale insurance broker JenCap Holdings, LLC and the assets of Wholesale Trading Co-Op Insurance Services, which will be re-named Wholesale Trading Insurance Services, LLC. Wholesale...