Ambac Announces Partnership with Mike Miller-Led MGA Pivix
Ambac Financial Group, Inc. (AMBC)
US:NASDAQ Investor Relations:
ir.ambac.com/investor-relations
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Ambac Financial Group, Inc. (NYSE: AMBC) (“Ambac”), an insurance holding company, announced it has partnered with Mike Miller and his team on the launch of Pivix Specialty Insurance Services Inc. (“Pivix”), a managing general agency focusing on the excess and surplus (E&S) lines market. Miller, the former president of Scottsdale Insurance, Nationwide’s E&S carrier, is president and chief executive officer of Pivix.Pivix offers property and casualty coverages for targeted segments, including the sizeable SME segment. It was founded by Miller, Ken Levine, Joe Griffith, and Sandy Vertuno—all alumni of Nationwide.“We are thrilled that Mike Miller and his team have chosen to partner with Ambac,” said Claude LeBlanc, Ambac CEO. “Our goal is to be the premier destination for MGAs and underwriting talent, and Mike is among the best in the industry. His pedigree and reputation in the E&S market are unparalleled. We are excited to support him and his team in scali
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