Zurich American Insurance $700 million acquisition of Rural Community Insurance Services

1/4/2016

Private acquisition

Value:

$ 700 million

Status:

Completed

Date:

1/4/2016

Overview:

Zurich American Insurance $700 million acquisition of Rural Community Insurance Services (RCIS).
RCIS includes Rural Community Insurance Agency and Rural Community Insurance Company.
RCIS was sold by Wells Fargo.
The deal was first announced in December 2015.

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

United States

Industry sector:

Insurance

Firms:

Locke Lord

Party: Wells Fargo Bank (Seller)

Willkie Farr & Gallagher

Party: Zurich American Insurance (Acquirer)

Lawyer: Thomas Cerabino

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