RSG’s London-based MGA StartPoint Announces US$25 Million New Capacity for US Directors & Officers (D&O) Insurance
March 24, 2015, CHICAGO, IL – RSG’s London-based managing general agency (MGA) StartPoint announced today that it has US$25 million new capacity which is focused on the US Directors & Officers (D&O) insurance marketplace. 100% 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 CEO Mark Peeters says of the announcement, “In a market that Lloyd’s created over 80 years ago, StartPoint offers significant capacity and solid protection to the US marketplace. We provide a broad suite of products that includes Full, Side A and Blended coverage for predominantly US-domiciled companies. With an appetite that spans Fortune 1000 Companies to privately-held companies on both a primary and excess basis, we are introducing very valuable Lloyd’s capacity to the US market that arguably has been limited for a number of years.”
Patrick G. Ryan, Chairman, and CEO of RSG, adds, “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.”
StartPoint works exclusively through insurance brokers.
For more information about StartPoint, contact Mark Peeters, +44 203 714 9577, email@example.com.
For more information on this release, contact Chelsey Krull, (312) 784-6043, firstname.lastname@example.org.
About Ryan Specialty Group, LLC and StartPoint
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. www.ryansg.com