SiriusPoint partners with Ryan Specialty’s ISA on new casualty programme
Bermuda-based SiriusPoint has teamed up with New York MGU Irwin Siegel Agency (ISA), part of the Ryan Specialty umbrella, to offer insurance solutions for organisations in the human and social services sector.
The new casualty and excess programme will serve community action agencies, emergency and homeless shelters, job counselling and training centres, outreach initiatives, and other related groups. The product will be available exclusively through wholesale distribution.
ISA underwrites property and casualty insurance products, providing risk management solutions to human and social service organisations. The MGU specialises in developmental disability organisations, addiction treatment, behavioural/mental healthcare and youth programmes. ISA is part of Ryan Specialty Underwriting Managers.
Patrick Charles, head of North America insurance at SiriusPoint, said: “The launch of a new casualty and excess programme will not only deliver innovative insurance and risk management solutions to a gap in the market but will fill a distinct need in the human and social services space.”
Shawn Yingling, CEO at Ryan Specialty national programmes, said: “We are excited to collaborate with SiriusPoint to launch this new strategic initiative. SiriusPoint has a notable reputation for individualised support in the MGA space, providing specialist expertise and paper to service niche sectors. They are an optimal trading partner. This new initiative will enhance our ability to remain focused on our one primary goal, to provide innovative insurance and risk management solutions to those serving our society’s most vulnerable.”
Did you get value from this story? Sign up to our free daily newsletters and get stories like this sent straight to your inbox.
