The Hartford shows E&S appetite with Maxum deal

The Hartford's bolt-on acquisition of excess and surplus
lines (E&S) carrier Maxum Specialty Insurance Group for $170mn
in cash will accelerate expansion of the US insurer's small
commercial segment, it said last week.
The Insurance Insider revealed in
December last year that Atlanta-based Maxum had been put up
for sale , with financial adviser Evercore running the
process.
And in a statement after markets closed in New York last
Wednesday (16 March), The Hartford said it had entered into an