QRE

Emerald Bay Risk Solutions Launches with Strategic Investment from Bain Capital Insurance

Retrieved on: 
Giovedì, Marzo 28, 2024
Professional Services, Insurance, Finance, Emerald, McDermott Will & Emery, Longevity, Property, Liberty Mutual, Partnership, General counsel, Business development, Head, Record, QRE, DeBevoise, Martha Plimpton, Amazon Web Services, Bain Capital, AM Best, Excess, Multimedia, Lead, MGA

Emerald Bay Risk Solutions (“Emerald Bay” or the “Company”), a collaborative underwriting carrier, today announced its formal launch with a significant strategic investment from Bain Capital Insurance , the dedicated insurance investing unit of Bain Capital.

Key Points: 
  • Emerald Bay Risk Solutions (“Emerald Bay” or the “Company”), a collaborative underwriting carrier, today announced its formal launch with a significant strategic investment from Bain Capital Insurance , the dedicated insurance investing unit of Bain Capital.
  • Emerald Bay is an innovative program specialist that seeks to create an alignment of interests across the entire risk value chain through integrated solutions and disciplined underwriting enhanced by a proprietary data-driven technology platform.
  • Emerald Bay begins operations with a strong financial foundation, having secured a rating of “A-“ Stable, Financial Size category VIII, from AM Best.
  • Bain Capital Insurance was advised by McDermott Will & Emery and Debevoise & Plimpton LLP.