Ambac Financial Group Launches Tara Hill Insurance Services With Peter McKeegan As CEO; Tara Hill To Specialize In Management And Professional Liability As Part Of Cirrata Group
Portfolio Pulse from Benzinga Newsdesk
Ambac Financial Group has launched Tara Hill Insurance Services, appointing Peter McKeegan as CEO. Tara Hill will specialize in management and professional liability and will be part of the Cirrata Group.
June 24, 2024 | 12:33 pm
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Ambac Financial Group has launched a new subsidiary, Tara Hill Insurance Services, which will focus on management and professional liability. This move could diversify Ambac's revenue streams and strengthen its position in the insurance market.
The launch of Tara Hill Insurance Services under Ambac Financial Group is a strategic move to diversify its offerings and revenue streams. With Peter McKeegan as CEO, the new subsidiary is expected to strengthen Ambac's position in the insurance market, potentially leading to positive short-term stock performance.
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