Kinsale Capital Group has formed a Virginia-based E&S insurer, called Kinsale Insurance Co., that will underwrite commercial property/casualty and professional liability E&S lines in 31 states and the District of Columbia.
The company said it is applying for eligibility in the remaining states.
Kinsale and its affiliates currently have 43 employees in Richmond. It recently raised $80 million of capital and has invested $66 million in the specialty insurer subsidiary.
The company is backed by private equity firms Moelis Capital Partners, based in New York, and Virginia Capital Partners.
Michael P. Kehoe serves as president and CEO of Kinsale.
__
Source: Kinsale Insurance Co.
Topics Carriers Excess Surplus Virginia
Was this article valuable?
Here are more articles you may enjoy.
Thumbs Down on SELF DRIVE Act as Written, Says Industry Trades 
AIG Announces Strategic Investment Partnership of Up to $3.5B With CVC 
Zurich Makes £7.7 Billion Bid for Specialty Insurer Beazley 
New York State Police Report 37-Vehicle Pileup on I-81 Near Syracuse 
