23-04-2025
- Business
- Business Journals
Henrico's Elephant Insurance sold to U.S. private equity firm
By - Assistant Managing Editor
Henrico-based Elephant Insurance is getting a new owner.
Parent company Admiral Group PLC said Tuesday it had reached a deal to sell its U.S. auto insurance business, which includes Elephant Insurance Co. and Elephant Insurance Services, to New York private equity firm J.C. Flowers & Co.