CastlePoint Management concentrates our business approach to offering solutions that fill a significant void in the property and casualty marketplace to small, profitable insurance companies. In our managements’ experience, these companies, typically with under $100 million of surplus, are often effective in delivering products that address the needs of customers in specific regional areas but are often constrained by their small surplus, lack of licensing or other limitations.
In addition, we provide a broad array of products and services to program underwriting agents who are often able to quickly develop new products in response to market demand and develop large books of business, but require innovative support to manage this business efficiently.
While CastlePoint Management primarily seeks partnerships in these two areas, we also conduct business with other insurance companies that seek to manage their capital more effectively by ceding premiums to us to generate commission and fee income, or desire to expand their capacity to write more in a specific geographic area.