Hyperion buys surety broker PMG

UK-headquartered insurance group Hyperion has acquired
independent UK surety broker PMG Financial Services for an
undisclosed fee.
PMG managing director Paul Philand will become global practice
leader for surety within Hyperion.
Barnaby Rugge-Price, CEO of Hyperion subsidiary RKH Specialty,
commented: "PMG's considerable experience in arranging
solutions for the world's largest corporations, and reputation
for handling the most complex bond needs, will provide the platform
for RKH Specialty to b