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.
Texans Hate Data Centers So Much They Are Asking Jesus for Help 
Moody’s: US Faces $375B in Uninsured Flood Losses From 1-in-100-Year Event 
Acrisure to Cut 2,250 Employees, Citing Advances in Technology and AI 
Lawyer Who Filed Viral Suit Against JPMorgan Seeks to Exit Case 
