AG

Ambridge Group

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Ambridge Partners Company Research Report



Company Overview



  • Name: Ambridge Partners LLC

  • Mission: The mission of Ambridge Partners is to provide responsive underwriting solutions for a wide variety of specialty insurance and reinsurance exposures.

  • Founded: Over 20 years ago (specific year not provided)

  • Founders: Jess Pryor and Jeff Cowhey

  • Key People:

  • Jess Pryor, Executive Chairman

  • Jeff Cowhey, Chief Executive Officer

  • Headquarters: No information is available

  • Number of Employees: A team of 150+ global underwriting, legal, financial, and tax professionals

  • Revenue: Writes over $500 million of premium in the U.S. and over $100 million by its international affiliates

  • Known For: Ambridge Partners is known for being a leading global Managing General Underwriter (MGU) offering transactional insurance, specialty casualty, management liability, professional liability, cyber, and reinsurance products.


Products



Ambridge Partners offers a diverse range of insurance products. Below are high-level descriptions and key features of selected products:

Transactional Insurance


  • Description: Provides insurance for loss as a result of the breach of representations and warranties in transactions.

  • Key Features: Covers inaccuracies of representations in transaction agreements.


Specialty Casualty


  • Description: Non-admitted excess casualty products for commercial businesses.

  • Key Features: $10 million capacity, coverage for general liability exposures.


Management Liability


  • Description: Designed for complex management liability situations.

  • Key Features: Coverage for directors, officers, and fiduciaries.


Professional Liability


  • Description: Tailored for various business risks to prevent financial damage.

  • Key Features: Comprehensive errors and omissions insurance.


Cyber Insurance


  • Description: Custom solutions for evolving cyber risks.

  • Key Features: Incident response, breach response services, business interruption coverage.


Reinsurance


  • Description: Provides casualty treaty reinsurance solutions.

  • Key Features: Coverage includes general liability, medical malpractice, and more.


Recent Developments



  • Acquisition by Amynta Group: On January 9, 2023, it was announced that the Amynta Group acquired Ambridge Partners from Brit Ltd for $400 million.

  • Continued Leadership: Jess Pryor and Jeff Cowhey will continue to lead the company post-acquisition.

  • Strategic Partnership with Brit: A multi-year agreement was established for Brit to continue as a significant capacity partner.

  • Expansion: Ambridge has broadened its product suite, especially in specialty casualty, cyber, professional liability, and reinsurance areas.


Contact Information


  • Media Contact: Brenna Tetley

  • Phone: +1.646.887.9498

  • Email: Brenna.Tetley@amyntagroup.com


Disclaimer: This report is based on the latest available information and is intended for general informational purposes only.