Press Releases

DARAG consolidates German business with SOVAG deal

  DARAG consolidates German business with SOVAG deal 5 August 2019 - DARAG Group Limited (“DARAG”), a leading legacy acquirer, today announces it has signed a Portfolio Transfer Agreement with...

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SOBC DARAG launches Bermuda office with senior appointments

SOBC DARAG today announces the launch of its new office in Bermuda in a significant expansion of its US and Bermudian operations. SOBC DARAG’s new Bermudian subsidiary will be fully...

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DARAG expands UK operation with acquisition of The Underwriter

DARAG expands UK operation with acquisition of The Underwriter 22 July 2019 - DARAG Group Limited (“DARAG”), a leading legacy acquirer, today announced the acquisition of The Underwriter Insurance Company...

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DARAG announces first UK acquisition with One Re transaction

DARAG announces first UK acquisition with One Re transaction 18 July 2019 - DARAG Group Limited (“DARAG”), a leading legacy acquirer, today announced it has entered into a Sale and...

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DARAG announces retrospective quota share reinsurance agreement with Protector Forsikring

DARAG announces retrospective quota share reinsurance agreement with Protector Forsikring 16 July 2019 - DARAG Group Limited (“DARAG”), a leading legacy acquirer, today announced it has entered into a retrospective...

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SOBC DARAG acquires Innovative Physicians Solutions RRG

SOBC DARAG today announced that it has acquired Innovative Physicians Solutions RRG in full, effective 1 July 2019. SOBC DARAG has received Vermont DFS’s approval for the transaction. Mark Tabler,...

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Peachtree Casualty Insurance Company completes its first Assumption of legacy business

Peachtree Casualty Insurance Company (“Peachtree”) has completed its first Assumption of legacy liabilities, since it was acquired by SOBC DARAG in November 2018. Stephanie Mocatta, CEO of SOBC DARAG said:...

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DARAG completes acquisition of DONAU Versicherung AG’s Italian portfolio after having received regulatory approval

03 May 2019 - DARAG Group Limited, a leading legacy acquirer, announced on 3rd May 2019, that the Austrian financial authority, Finanzmarktaufsicht (FMA), approved the acquisition of the Italian portfolio...

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