Elseco to acquire StarStone’s Dubai MGA Malakite
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Elseco to acquire StarStone’s Dubai MGA Malakite

Specialty MGA Elseco has agreed to buy Malakite Underwriting Partners, a Dubai-based coverholder, from StarStone.  

The transaction includes an alliance between the specialty MGA and StarStone, with the Enstar-owned insurer continuing to supply space, aviation and energy underwriting capacity to Malakite directly and via third-party fronting arrangements.   

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