Reinsurance News
Innovisk Capital Partners
Ryan Specialty Underwriting Managers launches Celerity Risk
4th February 2025
Ryan Specialty Underwriting Managers (RSUM) has launched Celerity Risk, a newly rebranded business unit formed following its acquisition of Innovisk Capital Partners in November 2024. The launch sees the integration of CorRisk Solutions, the U.S. wholesale division of Ryan Financial Lines, with Celerity Pro, formerly part of Innovisk. This combined entity ... Read the full article
Ryan Specialty acquires Innovisk from Abry Partners and BHMS
18th November 2024
Abry Partners, a Boston-domiciled private equity firm, and BHMS Investments, LP, a Connecticut-domiciled private equity firm, have completed the sale of Innovisk to Ryan Specialty, a global specialty insurance services firm. Founded in 2017, London-headquartered Innovisk has a diverse, non-correlated portfolio of seven specialty MGUs, with lines of business including environmental, ... Read the full article
Innovisk Capital Partners appoints Praveen Reddy as Global President and COO
2nd July 2024
Innovisk Capital Partners (Innovisk), a private equity-backed MGA platform, has recently appointed Praveen Reddy as its new Global President and Chief Operating Officer (COO). Founded in 2017, Innovisk is dedicated to investing in and growing entrepreneurial underwriting talent with a focus on risk analysis, pricing, and distribution. Reddy brings over 25 years ... Read the full article
Innovisk Capital launches U.S. specialty MGA for brokers
7th September 2018
Innovisk Capital Partners (Innovisk) has established a U.S.-based MGA offering specialty products and solutions for both traditional and digital brokers, serving small to medium sized businesses, called Vindati. Innovisk states that Vindati's first products are Contractors Equipment, Builder's Risk, and Farm / Ranchowners packages, with Commercial Articles, Motor Truck Cargo, and ... Read the full article
Willis Towers Watson the majority investor in insurtech Innovisk Capital Partners
1st June 2018
Innovisk Capital Partners, a new global InsurTech start-up that aims to address both the current and future fundamental changes in the insurance sector has been established, with insurance and reinsurance broker Willis Towers Watson as the majority investor. The new InsurTech partnership has been launched with technology, data and modelling core ... Read the full article
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