Companies

International Re announces admitted insurer partnership with Cimarron

Image

Andy Jeckells

London, 22 December 2020. International Re (I–RE), the specialist captive insurance and reinsurance MGU, is today announcing its new strategic capacity partnership with Cimarron Insurance a niche specialist admitted insurer. 

The partnership will underwrite a range of admitted property and casualty lines of business, rolling out over the next 12 months. Cimarron is a group of insurance and risk management companies at the cutting edge of insurance underwriting for underserved niche markets. Cimarron specializes in providing individual business owners, owner operators and other small business owners with a wide array of insurance, risk management and risk financing solutions.

Andy Jeckells, co-chief exec I–RE said “We are excited to launch our partnership with Cimarron, the first of a number of strategic partnerships with insurers that we expect to roll out through 2021. I–RE’s high-performing mid-market clientele deserve to underwrite their own commercial property and casualty insurance, whilst retaining profits, just as big corporations can, and partnership with Cimarron delivers the high-quality admitted capacity they need to do that. I’m looking forward to working closely with the Cimarron team and extending the reach of RE–PAID to our clients.”

Paul Halter CEO, Cimarron said “Working together, I–RE and Cimarron are eliminating the barriers that stand in the way of mid-market companies underwriting admitted commercial property and casualty insurance policies in the stand-alone and independent cell captives they own.”

Trending
Share this Post:
Posted by IRL Staff

Advertisement

Ad

Related articles

AkinovA becomes the First New Regulated Insurance Marketplace for 150 Years

LONDON, 20 January 2021 - AkinovA (Bermuda) Ltd, the wholly-owned Bermuda trading subsidiary of AkinovA Limited, has been granted the first “Insurance Marketplace Provider” licence by the Bermuda...

The World Needs to Wake Up to Long-Term Risks

In 2020, the world saw the catastrophic effects of ignoring long-term risks such as pandemics, now an immediate risk according to the Global Risks Report 2021 released today The COVID-19 pandemic...

Aon CEO Greg Case Recognized as Top Ally on INvolve OUTstanding LGBT+ Ally Executives List

Case named number one on annual list that celebrates businesspeople who are driving inclusion in the workplace CHICAGO, Jan. 19, 2021 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global...

RT Specialty Announces New Binding Authority Leadership Team

JANUARY 12, 2021 | CHICAGO, IL – RT Specialty is pleased to announce the new leadership team for its national binding authority operations, RT Binding Authority. Leading RT Binding Authority is President...

Chubb Appoints Jeremiah Konz Chief Reinsurance Officer

ZURICH, Jan. 12, 2021 /PRNewswire/ -- Chubb today announced that Jeremiah Konz has been appointed Chief Reinsurance Officer.  Currently, Mr. Konz is Executive Vice President, Reinsurance...

Chubb Names Michael Kessler Global Head of Company's Cyber Risk Insurance Business

ZURICH, Jan. 12, 2021 /PRNewswire/ -- Chubb today announced that Michael Kessler has been appointed Division President of the company's global cyber risk insurance business. ...