Start-up company News

Spinnaker Veterans Launch P/C Fronting Carrier With Backing From Bain Capital

Emerald Bay Risk Solutions has launched as a property/casualty insurance fronting carrier, backed by Bain Capital Insurance and headed by a group of insurance veterans who have fronting experience. Calling itself a “collaborative underwriting carrier,” the new entity hopes to …

Florida’s Edison Insurance Reborn with New Management

Florida homeowners’ insurers Edison Insurance Co. is being relaunched with new management and coverage options almost five years after its business was taken over by another insurer. The company said it plans to begin offering homeowners’ and condominium unit owner …

New Specialty Insurer SIG Targets Sports, Entertainment Risks

Three specialty and risk insurance veterans have launched Specialty Insurance Group (SIG) to provide custom programs for the sports, leisure and entertainment markets. The new Indianapolis-based firm is a member company of Everest Re Group Ltd. SIG’s target programs include …