Appleby Bermuda advised Artex Capital Solutions (Artex), a division of Artex Risk Solutions, on its acquisition of Bermuda-based Frontier Financial Services Limited. Frontier is a management firm specializing in consulting, recruitment, business services and immigration services predominantly to reinsurance clients in Bermuda.
Appleby’s role included advising on transaction structuring, obtaining applicable licenses and advising on transaction documentation.
The transaction was led by Bermuda Managing Partner Brad Adderley and supported by Counsel Josephine Noddings.
Artex is Arthur J. Gallagher & Co.’s wholly-owned subsidiary for alternative risk and capital, including fund administration and is a trusted leader and provider of diverse alternative risk and capital solutions. A pioneer in the ILS and fund administration industry and a global leader in re/insurance, Artex creates and manages insurance-linked and other structures that connect capital to risk.
