SiriusPoint has announced a new strategic partnership with Balance Partners, a North American managing general underwriter.
SiriusPoint is a capacity provider for Balance Partners’ new Excess Construction Liability program – Vertical – which underwrites lead and following excess layers of up to $5 million. The program covers tradespeople operating in New York.
John LoPorto, Head of Vertical, Balance Partners’ New York Excess Construction Division, said: “At Balance Partners we are focused on developing valued, mutual relationships built upon performance-based underwriting expertise. We were eager to collaborate with a partner whose values and strategy aligns with our way of working. SiriusPoint is a key player in the industry, known for its strong financial performance and commitment to long-term distribution relationships.”
Click here to read the press release in full on our Investor Relations website.
