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Soros-backed MGA incubator Vibe bought by Pro Global

Deal

The incubator was launched in 2017 by Vibe UK Holdings.

Incubator managing general agent Vibe MGA Management (VibeMM) has been bought by US insurance and outsourcing specialist Pro Global Insurance Solutions.

The deal represents the first move for the US firm into the UK market.

Terms of the transaction, which remains subject to regulatory approvals, were not disclosed.

Part of the Vibe Group of companies, VibeMM will be rebranded Pro MGA Solutions.

According to a statement, this new venture will bring together the skills and experience of the

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