MBE certified Embrace Partners, Inc. (Embrace), a tech-driven managing general underwriter (MGU) of specialty commercial insurance, has forged a significant partnership with EPIC Insurance Brokers & Consultants (EPIC).
This collaboration marks a significant milestone as Embrace’s MBE certification enables all stakeholders involved in insurance transactions – including clients, retail brokers, and insurance carriers – to earn diversity credits for premium dollars spent on insurance placed through Embrace, the company noted.
David Cayemitte, President, and CEO of Embrace, expressed enthusiasm about the partnership, stating, “We are excited to partner with EPIC, a rapidly growing firm that has demonstrated a deep commitment to diversity. Embrace offers insurance buyers, brokers, and carriers the ability to incorporate diversity into insurance distribution.”
Christine Sadofsky, Executive Managing Director of EPIC’s Entertainment & Sports Practice, echoed this sentiment, emphasizing EPIC’s dedication to diversity, equity, and inclusion.
“The EPIC/Embrace partnership will allow us to provide our clients the opportunity to build their culture of inclusion while supporting the growth of a diverse business,” Sadofsky remarked.
Under the leadership of industry veteran David Cayemitte, Embrace Partners has emerged as a trailblazer in supplier diversity within the insurance sector.
Cayemitte, with a wealth of experience garnered from executive roles at AIG, St. Paul’s, and Travelers, founded Embrace Partners in 2021. Ambac Financial Group, Inc., a notable financial services company, holds a minority interest in Embrace Partners.
