-
The leadership team includes Spinnaker co-founders Dave and Ken Ingrey and ex-CUO Miles Allkins. -
The Ahoy! deal marks the first acquisition for the RedBird-backed MGA.
-
Previously, Grace Meek was CEO and president of Homesite Underwriting.
-
Joy had previously set up the casualty practice at Global Indemnity.
-
Sure is the first Demotech-rated insurer to offer surplus lines homeowners.
-
Dowling Partners is advising the company.
-
Glatfelter CEO Chris Flatt will become interim chief executive.
-
After the 2007-17 decade of “bad underwriting” carriers are recovering from “past sins”.
-
The facility will target operators across the US, onshore and offshore.
-
It is backed by paper from MS Transverse, this publication understands.
-
The MGA’s capacity provider is Berkshire Hathaway Specialty Insurance.
-
This publication revealed that the company was raising capital earlier this year.
