SME-focused US insurtech Joyn Insurance has officially begun underwriting its E&S general liability (GL) offering on SiriusPoint paper with a panel of reinsurers led by RenaissanceRe and is aiming to add excess liability coverage from 1 December, The Insurer understands.
New managing general agencies are leveraging technology to disrupt the status quo in commercial lines for small and midsize businesses and specialty lines for consumers with some entirely new entrants, like Joyn, and others linked to well-known brand names, like Berkshire-Hathaway and Chubb.
Seraina Macia-led insurtech MGA Joyn is close to finalising strategic carrier capacity ahead of a planned spring 2021 launch after a process that has seen it consider several other options including a fronted facility supported by reinsurers, The Insurer understands.
Joyn Insurance Services Inc. (“Joyn Insurance”) is a Managing General Agency (“MGA”) that underwrites commercial insurance in the Small and Middle Markets. We’re powered by technology, data and expertise to deliver a transparent, trusted and truly one-of-a-kind insurance experience to our valued brokers and customers. When we join up, we’re smarter, better, faster and protected. Together.