The Schinnerer Group wins Icat sale process

Marsh's The Schinnerer Group has agreed to buy US property
cat specialist Icat from the Paraline Group.
The transaction, for undisclosed terms, relates to the
Broomfield, Colorado-based managing general agency operation of
Icat and its subsidiary, Boulder Claims.
It does not include the tenancy rights Paraline owns in
Lloyd's Syndicate 4242, although in a statement Schinnerer said
Icat would retain its "strong relationship" with the
Lloyd's vehicle, its associated Special Purpose Arrangement
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