Reinsurance News

Risk Innovations rebrands to Jencap Insurance Services

3rd August 2022 - Author: Matt Sheehan

Risk Innovations, a national wholesaler that specializes in Workers’ Compensation, has been rebranded as Jencap Insurance Services Inc. (JCIS), a principal division of Jencap.

The rebrand follows Risk Innovations’ acquisition by Jencap Group in 2018.

Jencap is a New York headquartered wholesale program management and binding authority business, whose divisions and affiliate organizations provide niche underwriting services.

“On the heels of celebrating 20 years as a specialty Workers’ Compensation wholesaler, Risk Innovations looks forward to the next chapter in the evolution of our company,” said Bruce Peddle, Founder and President of Risk Innovations.

“We get the unique opportunity to not only lend our industry-leading expertise to Jencap’s robust platform, but also provide our agency partners with expanded insurance solutions for their clients’ unique needs.”

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“Risk Innovations is a true Workers’ Compensation powerhouse,” added Mark Maher, President of Jencap.

“Their niche expertise, broad market access to monoline Workers’ Comp carriers, and trusted carrier relationships position them as industry leaders in their space. Merging the power of the Jencap platform with Risk Innovations will further amplify our ability to serve our agency partners and provide superior risk solutions.”

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