Reinsurance News
Emerald Bay
Maloney joins Emerald Bay Risk Solutions as Head of Ceded Re
23rd December 2025
Robert Maloney has joined Emerald Bay Risk Solutions, a specialty insurance firm, as Senior Vice President, Head of Ceded Re. Created as a "Collaborative Underwriting Carrier," Emerald Bay Risk Solutions was launched in 2024 by co-founders Dave Ingrey and Miles Allkins, with Bain Capital backing. It leverages data-driven technology and underwriting ... Read the full article
Florida MGA Crestwell Underwriters launches with investment from Bain Capital
26th August 2025
A newly established, Florida property insurance-focused managing general agent (MGA), Crestwell Underwriters, LLC, has launched with significant capital support from Bain Capital. Initially, Crestwell will offer admitted, property-only insurance for condominium associations based in the state, providing coverage at a competitive price and backed by a disciplined, data-driven approach towards underwriting. ... Read the full article
Emerald Bay names Moore as CFO & Anyieth as COO
26th August 2025
Collaborative underwriting carrier Emerald Bay Risk Solutions has expanded its leadership team with the appointments of Matthew Moore as Chief Financial Officer (CFO) and Sarah Anyieth as Chief Operating Officer (COO), effective immediately. Moore has over 15 years of industry experience, most recently serving at Core Specialty as CFO of Insurance ... Read the full article
Origin Specialty and Emerald Bay launch new Specialty Property Program
20th May 2025
Origin Specialty, a partner company of Beyond Risk, is combining its deep expertise in hospitality underwriting with Emerald Bay’s strong financial backing and collaborative approach for the launch of a new Specialty Property Insurance Program. Tailored specifically for quick-service restaurants (QSRs), the new program features enhanced property coverages and in-house claims ... Read the full article
Emerald Bay appoints Liberty Mutual’s Tracey Sharis as CEO
19th March 2025
Collaborative underwriting carrier Emerald Bay Risk Solutions has appointed Liberty Mutual Insurance’s Tracey Sharis as Chief Executive Officer (CEO), effective March 20th, 2025. Most recently, she served as the President, Global Risk Solutions for North America Programs at Liberty Mutual Insurance. Sharis has over 25 years of industry experience, leading and growing ... Read the full article
Emerald Bay partners with Vanderbilt to launch premium casualty program for luxury real estate
12th November 2024
Emerald Bay Risk Solutions, a collaborative underwriting carrier specialising in tailored insurance solutions, has formed a strategic partnership with Vanderbilt Properties Associates, Inc., a risk purchasing group managing a significant portfolio of luxury residential and commercial real estate properties. Through this partnership, they will launch a casualty programme focused on providing ... Read the full article
AM Best assigns A- ratings to Mainsail with stable outlook
28th August 2024
Global ratings agency AM Best has assigned Mainsail Insurance Company with a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent), with a stable outlook. Mainsail, a property and casualty insurer, offers 17 different lines of coverage, including auto, property, and commercial insurance. The ... Read the full article
Emerald Bay expands tailored insurance solutions with Mainsail acquisition
16th August 2024
Collaborative underwriting carrier Emerald Bay Risk Solutions is set to expand its tailored insurance solutions with the acquisition of P&C insurer Mainsail Insurance Company in a private transaction. Mainsail, previously a 100% reinsured subsidiary of Spinnaker Insurance Company, provides P&C insurance coverage, offering 17 varying lines of insurance, including auto, property, ... Read the full article
Emerald Bay and Curotech Specialty launch new commercial property programme
5th August 2024
Emerald Bay Risk Solutions, a cooperative underwriting carrier, has announced a strategic alliance with Curotech Specialty, a technology-driven managing general agent, to launch an excess and surplus commercial property programme. The programme is reinsured by a group of leading companies, all of which hold an A- or higher rating from AM ... Read the full article
Emerald Bay & Lightspeed launch homeowners insurance facility in California
20th June 2024
Emerald Bay Risk Solutions, a collaborative underwriting carrier, has partnered with Lightspeed Specialty Insurance Solutions, a subsidiary of Volnay Insurance Holdings, to launch an insurance facility in California aimed at providing comprehensive coverage to homeowners and landlords in a market that has been underserved. This new initiative will focus on homes ... Read the full article
Emerald Bay teams with Arrowhead to launch commercial earthquake facility
6th June 2024
Emerald Bay Risk Solutions, the collaborative underwriting carrier, has entered into a strategic partnership with Arrowhead to launch a commercial earthquake facility named Arrowhead EQ DIC, that will provide difference in conditions (DIC) insurance policies for medium to large businesses. If you recall, Emerald Bay Risk Solutions launched in March ... Read the full article
Emerald Bay Risk Solutions launches with Bain Capital backing & Ingrey as CEO
28th March 2024
Emerald Bay Risk Solutions, a collaborative underwriting carrier, has formally launched with a significant strategic investment from Bain Capital Insurance, the dedicated insurance investing unit of Bain Capital. Led by Dave Ingrey as Chief Executive Office (CEO), Emerald Bay is an innovative program specialist focused on leveraging core underwriting expertise and ... Read the full article
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