Truss Peak specializes in reinsurance and acquisitions within the life insurance sector. The firm provides services such as asset management, operations, actuarial consulting, sales, and accounting to companies undergoing structural transitions. It is backed by South Summit Capital Management LLC, a private capital single-family office, and Thayer Street Partners, a New York-based investment firm.
“This collaboration further diversifies and expands Root’s offerings across distribution channels,” said Alex Timm, Root’s co-founder and CEO. “Our partnership channel has seen new writings increase 115% year-over-year as our pipeline continues to expand across the automotive, financial services, and agent sub-channels.” Source link
“Everything we’re about here at CH rests on Four Cornerstones,” says Joe Convertino Jr., President of CH Insurance. “Clients and Carrier Partners can always rest easy knowing we’re in their corner. And these four cornerstones are the foundation for that promise.” Today, CH is excited to share the first of four. Every day, every way,…
Meanwhile, the adjusted EBITDA loss for the quarter was $47 million, in line with company guidance, which included an estimated $22 million adverse impact from the California wildfires. Net loss was $62.4 million, or $0.86 per share, compared to $47.3 million, or $0.67 per share, in the first quarter of 2024. Source link
Preferred Employers Insurance sales and distribution manager Meanwhile, Preferred Employers Insurance, a Berkley company, has named Steve Feemster (pictured above, right) as its new sales and distribution manager for Southern California. Feemster brings over 30 years of experience in underwriting and insurance sales. Source link
