#Latest news with #Henrico-basedBusiness Journals23-04-2025BusinessBusiness JournalsHenrico's Elephant Insurance sold to U.S. private equity firmBy - Assistant Managing Editor Henrico-based Elephant Insurance is getting a new owner. Parent company Admiral Group PLC said Tuesday it had reached a deal to sell its U.S. auto insurance business, which includes Elephant Insurance Co. and Elephant Insurance Services, to New York private equity firm J.C. Flowers & Co.
Business Journals23-04-2025BusinessBusiness JournalsHenrico's Elephant Insurance sold to U.S. private equity firmBy - Assistant Managing Editor Henrico-based Elephant Insurance is getting a new owner. Parent company Admiral Group PLC said Tuesday it had reached a deal to sell its U.S. auto insurance business, which includes Elephant Insurance Co. and Elephant Insurance Services, to New York private equity firm J.C. Flowers & Co.