Debevoise & Plimpton LLP Advised Stone Point On Its Sale Of Atrium Underwriting

Debevoise & Plimpton LLP advised Stone Point on its sale of Atrium Underwriting

Debevoise & Plimpton LLP advised Stone Point Capital LLC (“Stone Point”) in the definitive agreement relating to the sale of the managing agency, Atrium Underwriting Group Ltd. (“Atrium”), to the CRC Group by investment funds managed by Stone Point and other investors.

Atrium is a premier underwriting business at Lloyd’s that manages Syndicate 609 and writes specialty insurance and reinsurance across property, casualty, and specialty business groups. The company generated $1.3 billion in gross written premium in 2024 and will continue to operate independently post-closing.

The Debevoise team advising Stone Point was led by E. Drew Dutton (Partner) and Clare Swirski (International Consultant), and included Bethania Berhane (Associate), Alexandra Grady (Associate), Lina Hamidou (Associate), Laura Jackson (Associate), Katie Power (Associate), Edoardo Troina (Associate), and Philip Orange (Professional Support Lawyer). Michael Bolotin (Partner), Richard Ward (Partner), Jenny Wheater (Partner), and Christopher Gossage (Associate) advised on tax aspects, while Timothy McIver (Partner) advised on competition aspects.

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