LeClair partners Diversified Brokerage Services to grow life insurance sales

Specialist captive insurance and reinsurance MGU International Re (I–RE) has entered into a new strategic capacity partnership with Cimarron Insurance.

The partnership aims to underwrite a number of admitted property and casualty lines of business, set to launch during the next year.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Said to be a niche specialist admitted insurer, Cimarron is a group of insurance and risk management firms that caters to underserved niche markets.

It offers a spectrum of insurance, risk management, and risk financing solutions to individual business owners, owner operators, and other small business owners.

I–RE co-chief executive Andy Jeckells said: “We are excited to launch our partnership with Cimarron, the first of a number of strategic partnerships with insurers that we expect to roll out through 2021.

“I–RE’s high-performing mid-market clientele deserve to underwrite their own commercial property and casualty insurance, whilst retaining profits, just as big corporations can, and partnership with Cimarron delivers the high-quality admitted capacity they need to do that. I’m looking forward to working closely with the Cimarron team and extending the reach of RE–PAID to our clients.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Cimarron CEO Paul Halter added: “Working together, I–RE and Cimarron are eliminating the barriers that stand in the way of mid-market companies underwriting admitted commercial property and casualty insurance policies in the stand-alone and independent cell captives they own.”

In June this year, Orchid Underwriters Agency launched a new MGU, dubbed CrossCover Insurance Services, in the commercial property market to underwrite middle-market commercial properties for wholesale broker clients.