Global insurance broker Marsh & McLennan Companies (MMC) has become a minority partner in Bermuda-based insurance asset manager Juniperus Capital Holdings Ltd.Juniperus also announced plans to rebrand itself and expand its current management team.MMC joins New York-based private equity firm Aquiline Capital Partners LLC and the Juniperus management team as partners.Aquiline acquired an interest in Juniperus in January of this year.“We had been searching for a strong platform like Juniperus for some time, and we believe that we, along with Marsh & McLennan Companies, can leverage our operational expertise and industry experience to provide a unique and compelling opportunity to investors seeking exposure to insurance-related securities,” said Jeff Greenberg, chief executive of Aquiline.“We plan to support Juniperus in this increasingly competitive market by strategically expanding its offerings, engaging in a rebranding effort and introducing new funds to serve the Juniperus customer base.”Juniperus is a fully operational platform with an experienced management team and which began operating in 2008. Its insurance-linked investment products offer low correlation to traditional asset classes and a favourable liquidity profile to many alternative investments.In addition to the existing Juniperus fund, the management team also plans to launch new funds that cater to varying investor appetites.“We are excited to welcome Marsh & McLennan Companies as a strategic partner alongside Aquiline, as we pursue this unique market opportunity in alternative insurance investments. With this additional support we will be looking to expand our core investment team in a new start for Juniperus,” said Phil Lotz, chairman of Juniperus.