Press Releases

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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DARAG announces transaction with DONAU Versicherung AG

22 January 2019 - DARAG Group Limited, a leading legacy acquirer, today announced it has agreed to purchase a portfolio of Italian non-life business, consisting primarily of Motor Third Party...

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DARAG announces second transaction with New Nordic advisors

3 December 2018 - DARAG announces its second transaction with New Nordic Advisors (“New Nordic”), following the recent formation of a strategic partnership in April 2018. DARAG has agreed a...

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DARAG Guernsey acquires SOBC Services and agrees to acquire four US carriers and a Bermuda based cell

19 November 2018 - Further to the announcement in July regarding the joint venture between DARAG and SOBC, we are delighted to announce that DARAG Guernsey via its wholly owned...

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SOBC DARAG completes its first US acquisition

5 November 2018 SOBC DARAG, the joint venture formed between SOBC, the US-based run-off specialist and DARAG, the leading legacy acquirer, is pleased to announce the completion of its first...

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DARAG continues strategic expansion with appointment of James Halley as Group CFO

16 August, 2018 - DARAG, the leading legacy acquirer, today announces that James Halley has been appointed Group CFO, effective 3rd September and pending regulatory approval. Halley’s appointment is part...

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