Montreal-based Revau, formerly GroupAssur, has acquired Triad Oilfield Underwriters, a Houston-based managing general agent specializing in oil and gas and marine risks. This marks Revau's 10th acquisition since Novacap's 2020 investment and its third MGA acquisition in the United States. The deal strengthens Revau's position in the specialized insurance market.

Triad works closely with retail and wholesale brokers to underwrite complex upstream oil and gas and marine risks, bringing valuable expertise to Revau's portfolio. The acquisition follows Novacap's recent continuation vehicle deal for Revau, signaling continued confidence in the company's growth strategy. Revau has been aggressively expanding its MGA capabilities across North America.

This acquisition demonstrates Revau's commitment to building a dominant presence in the U.S. specialty insurance market. By adding Triad's oil and gas expertise to its existing capabilities, Revau is positioning itself as a comprehensive provider for complex commercial risks. The deal reflects broader industry trends of consolidation among MGAs seeking to scale operations and expand their service offerings in specialized insurance segments.