Northern Trust selected by Mereo Insurance 24 June 2025US Reporter: Clelia Frondaroli
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Northern Trust has been selected by Mereo Insurance to provide asset servicing and asset management solutions.
This will include custody services and brokerage solutions, where Northern Trust will serve as a broker for Mereo’s trade execution needs.
The firm’s asset management division will also oversee a portion of Mereo's fixed income portfolio and provide cash sweep services.
Commenting on the partnership, Chris Dvorak, head of insurance solutions at Northern Trust, says: “Our relationship with Mereo is a great example of Northern Trust's collaborative approach. We take pride in offering a complete solution with asset servicing and asset management capabilities to meet our clients’ unique needs.”
Lawrence Minicone, chief investment officer of Mereo Insurance, adds: “With Northern Trust's significant investment in the insurance sector and its innovative approach, we believe we've found a provider that understands our business and can support us as we grow.”
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