Philadelphia Buys $615M Collector Vehicle Business From Ignyte

Oct. 31, 2025, 4:07 PM UTC

Philadelphia Insurance has acquired the Collector Vehicle Division from Ignyte Insurance, a Carlyle backed portfolio company, in a transaction valued at $615m.

  • PHLY acquiring collector vehicle insurers American Collectors Insurance, J.C. Taylor Insurance, Condon Skelly and Heacock Classic in deal

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Dale Quinn in Mexico City at dquinn40@bloomberg.net

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Ilya Banares at ibanares@bloomberg.net

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