SiriusPoint has announced the launch of Banyan Risk Ltd., a Managing General Agent (MGA) underwriting Directors’ and Officers’ (D&O) insurance. The company has been established by Founder and CEO Tim Usher Jones in partnership with SiriusPoint and will focus on custom D&O insurance risk solutions with the highest level of attention and service in complex risk areas including life sciences, global IPOs and SPACs.
Sid Sankaran, CEO of SiriusPoint, said: “We see enormous potential to support businesses in areas where bespoke risks shouldered by Directors and Officers continue to evolve as global markets develop. I am very pleased to add Banyan to the portfolio of businesses SiriusPoint is incubating.”
Learn more here: Banyan Risk