Managing general agency StartPoint has added $25 million in new capacity for the U.S. directors & officers (D&O) insurance marketplace. The complete amount of the capacity is provided by certain syndicates at Lloyd’s (A+ rated by S&P) and is written on standard Lloyd’s/London market forms.
StartPoint offers a suite of products that includes full, Side A and blended coverage for predominantly U.S.-domiciled companies. StartPoint target risks include Fortune 1000 companies to privately-held companies on both a primary and excess basis.
“StartPoint is strategically important for RSG. It represents a significant part of our global approach to provide specialty expertise and furthers our commitment to insurance underwriters, brokers and agents across a single, unique platform,” said Patrick G. Ryan, chairman, and CEO of RSG.
StartPoint works exclusively through insurance brokers.
London-based StartPoint is part of Ryan Specialty Group, LLC (RSG), a global holding company which includes highly-specialized underwriting companies under the RSG Underwriting Managers, LLC brand, a London operation, wholesale brokerage and other specialty services designed specifically for agents, brokers and insurers.
Topics USA Agencies Excess Surplus London
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