Enstar buys Great Lakes Casualty Insurance Company

Bermuda-based run-off consolidator Enstar Group has acquired Great Lakes Casualty Insurance Company (GLC) from Main Street America, according to a Nov. 2 statement.

Domiciled in Michigan, GLC is a property/casualty insurance provider and has been in runoff since 2015. The sale to an Enstar subsidiary was completed on October 31, 2017.

Enstar combines active underwriting in specialty insurance markets with consolidation of legacy risk, according to the company’s website. The company has acquired over 75 companies and portfolios since its formation in 2001.

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