In addition to its investment, NHC will provide strategic support to Integral as it grows its operations.
Appleby advised on all matters of insurance and regulatory law, Bermuda funds and investment management.
Integral said, “New Holland is an extremely sophisticated, long-term player in the ILS market and has been a standards-setter in the alternative investment arena. This investment represents a validation of our vision, and we look forward to partnering with New Holland to deliver attractive returns.”
This is the second cornerstone investment Appleby has advised Integral on.
Partner Brad Adderley led the deal with assistance from Partners Matthew Ebbs-Brewer and Sally Penrose, Senior Associates Josephine Noddings, Bradley Houlston and Caljonah Smith and Associates Riley O’Brien and John Small.
