Durham Jones and Pinegar Shareholder Joshua E. Little and his team represented Align Financial Holdings, LLC, an insurance holding company, in the acquisition of National Lloyds Corporation, a specialty property insurer, for approximately $150 million.
Align CEO Kieran Sweeney expressed his excitement about the acquisition saying, “We are excited to expand the number of talented people on our team and to add meaningfully to our agency operations through the acquisition of National Lloyds. We look forward to working with their impressive network of agents to serve their customers in new ways, building on the companies’ established legacy of success. During the course of its 70-year history, National Lloyds has built excellent product offerings in the specialty personal property marketplace. We believe Align’s unrelenting focus on superior underwriting, delivering quality specialty insurance products and using advanced technologies to enhance the customer experience, coupled with our relationship-based culture, will be a perfect fit for National Lloyds’ employees, clients and independent agents. We look forward to working with them all to position the company for future growth and success.”
About Align Financial Holdings, LLC
Headquartered in San Diego, California, Align Financial Holdings, LLC is an insurance holding company that was founded in 2003 and owns and operates leading specialist program underwriting managers. The company’s subsidiaries include: Align General Insurance Agency, LLC, a specialty casualty general insurance agency; Catalytic Risk Managers & Insurance Agency, LLC, a leading independent program underwriting manager of property catastrophe insurance products in the U.S.; and Deposit Choice, a national provider of surety bonds and insurance products to the multifamily housing industry.
Joshua E. Little | Mergers & Acquisitions
Mark L. Astling | Tax
Elisabeth Calvert | Mergers & Acquisition
Rick L. Guerisoli | Merges & Acquisition
Brooke E. Nelson | Employee Benefits