07-04-2016 04:52 via insuranceinsider.com

Pardus completes capital raise

London-based managing general agent (MGA) Pardus has completed a
£1.6mn capital raise, bringing a variety of new investors into
the business.
Pardus was advised by West Hill Corporate Finance and the
capital was raised through West Hill Capital.
The MGA said that it would use the capital to develop existing
lines and identify new opportunities. Pardus launched five
insurance products in its first 18 months.
Alongside the capital-raising Pardus has appointed Simon Byrne
and Brian King as no
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