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Arris Property Underwriters will offer $2.5mn in excess capacity.
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Justin Ward will lead the firm’s production efforts in the expanding MGA market.
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This follows a string of promotions dating back to last August.
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The team will be led by Alejandra Hernandez Irizarry and Courtney Alonzo.
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Aon approved Embrace as wholesaler late last year.
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Founder Chris Leo has 20 years of experience running DBA programs.
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The executive will split his time between San Francisco and New York.
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Intact Ventures, Era Ventures, Greenlight Re and Spark Capital also participated.
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Laxner has prior experience at Ambridge, Converge, Axis, Markel and Chubb.
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Koffie began work on a sale earlier this month following major layoffs.
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Expanded underwriting capacity comes after a year of strong growth.
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It is understood that the InsurTech began fundraising late last year.