Bain Capital Insurance News

Mutually Beneficial: How One Midwest Mutual Insurer Recovered From Financial Storms

When Iowa mutual GuideOne Insurance began assessing ways to add an infusion of capital to strengthen its balance sheet, the company went to the usual places a mutual of its size might turn to for financial backing. “We were working …

Bain Capital Insurance Backs Specialized Risk Financing Firm 1970 Group

Bain Capital Insurance has announced a capital investment in 1970 Group, a New York-based specialized risk financing provider to the insurance industry. 1970 Group offers expertise in structured financing, credit support and risk management. The company pioneered the concept of …

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 …

Bain Capital Raises $1.15B for Its First Fund Dedicated to Insurance Investments

Bain Capital has raised $1.15 billion for its first fund dedicated to investing in the insurance industry, as the private equity firm aims to create and invest in companies in the sector, a senior executive told Reuters. The fund exceeded …