In November 2010, CVC funds, in a 50/50 partnership with Apollo, funded a take-private of Brit Insurance, a market leader in Global Specialty Insurance and reinsurance. Brit underwrites across a broad class of commercial specialty insurance with a strong focus on property, casualty and energy business. It is a reputable and influential name in the Lloyd's market and prides itself on specialist underwriting and claims expertise.
It's underwriting operation, Brit Global Specialty, is a major presence at Lloyd's of London, the world's specialist insurance market provider. Brit enhances its distribution via centers in Chicago, Bermuda, Tokyo, and Shanghai. The Group is headquartered in Amsterdam, Netherlands and its wholly owned intra-Group reinsurer is located in Gibraltar.