SiriusPoint, a global specialty insurer and reinsurer, has partnered with Alta Signa, a European Manging General Agent (MGA) specialising in financial and professional lines insurance.
Founded in 2019, Alta Signa operates a branch network across Continental Europe, with its headquarters in Brussels. The company underwrites specialty insurance lines including Management Liability, Professional Indemnity, Crime, and Cyber, focusing on corporate and financial institution clients.
SiriusPoint has been part of Alta Signa’s panel of A-rated capacity providers since January 2022, and this expanded relationship will see the formation of a scalable strategic partnership.
Bobby Heerasing, head of international strategic business development at SiriusPoint, said,
“We are very pleased to add Alta Signa to our portfolio of strategic partnerships. Alta Signa has an experienced and highly qualified leadership team, with deep insurance relationships and a proven track record of delivering underwriting profitability.
“We see great potential for a scalable partnership across multiple lines, leveraging Alta Signa’s approach of taking specialized underwriting expertise to local brokers in the European retail market. We are excited to support the next stage of the company’s development.”
Gerard Van Loon, Alta Signa CEO, added, “We are excited to become a distribution partner for selected SiriusPoint insurance products – the potential to leverage SiriusPoint’s insurance licenses and balance sheet on a multi year basis is an attractive proposition for clients and brokers alike. I look forward to working more closely with the SiriusPoint team and benefiting from their specialty insurance expertise and collective management experience.”
SiriusPoint recently invested in Samos Insurance, a US and Canadian MGA platform which offers a first-of-its-kind accidental death insurance product.
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