Northern Trust selected by Mereo Insurance
24 June 2025 US
Image: fotogestoeber/stock.adobe.com
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.”
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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