Ashurst advises J.C. Flowers and Co on investment in new insurance group, Inigo

The funds will support Inigo's plans to open for business in the 2021 year of account in the Lloyd's of London market, subject to approvals.

The Ashurst team was led by corporate partner Adam Levitt with support from senior associate Jacob Gold and associate Nick Lever. Partners James Perry and Bradley Rice and associate Adam Clenton advised on financial regulatory matters. Partner Ruth Buchanan and associate David Pemberton advised in relation to employment and partner Steven Vaz and associate Natasha Gromof with respect to competition law.

Partner Adam Levitt commented: 

"Insurance is an increasingly attractive sector for private equity with sponsors looking to deploy their capital in a hardening insurance market, particularly in light of Covid-19, and we are very pleased to have advised J.C. Flowers & Co on this matter."