PRESS
THE INSURER: Obsidian gains early traction with aggregators
12 February 2021 Early 2021 programs added by Obsidian Insurance Group highlight the hybrid fronting start-up’s two-pillared strategy focused on retail and wholesale aggregators as well as more traditional MGAs, as it concluded deals with Hub International’s SafeHerb...
Obsidian Partners with Platinum Specialty Underwriters’ WestPro Division on Bar/Tavern/Restaurant Industry Program
WestPro Hospitality Program offered through wholesale brokersJan 20, 2021, 07:50 ET NEW YORK, Jan. 20, 2021 /PRNewswire/ -- Obsidian, an A.M. Best rated "A-" hybrid fronting program carrier, launched a program partnership with Platinum Specialty Underwriters and its...
Obsidian Insurance Holdings, Inc.’s New E&S Subsidiary Secures A- Rating From AM Best
Carrier provides for breadth of product offering for program fronting specialist November 11, 2020, 09:16 ET NEW YORK, Nov. 11, 2020 /PRNewswire/ -- Obsidian Insurance Holdings, Inc., a new fronting insurance holding company, announced today that AM Best has assigned...
Obsidian advancing toward regulatory approval: Jewett
Suliman Mulhem July 9, 2020 Regulators have remained responsive despite the Covid-19 pandemic, according to the Obsidian CEO. Fronting start-up Obsidian is progressing toward regulatory approval to conduct business in the US in both the admitted and surplus markets,...
Obsidian Insurance Holdings, Inc. Names Stacy Armstrong Chief Client Officer
Executive with Over 25 Years of Insurance Industry Experience Jun 25, 2020, 07:55 ET NEW YORK, June 25, 2020 /PRNewswire/ -- Obsidian Insurance Holdings, Inc., a new fronting insurance holding company, announced today the further strengthening of its senior management...
MGA conduit that’s made to measure
Industry veteran Bill Jewett explains why his new company Obsidian is indeed cutting-edge. By Garry Booth, Contributing Editor, Reactions The COVID-19 pandemic didn’t keep industry veteran Bill Jewett from presenting a new-generation carrier to the U.S. commercial...
Genstar Capital in Partnership with Management Announce Formation of Obsidian
William Jewett and Craig Rappaport to Lead New Fronting Insurance Carrier March 27, 2020, 07:30 ET SAN FRANCISCO, March 27, 2020 /PRNewswire/ -- Genstar Capital, a leading private equity firm focused on investments in targeted segments of the nancial services,...
THE INSURER: Obsidian looks to aggregator opportunity and traditional program business
27 May 2020 Genstar-backed hybrid fronting start-up Obsidian is targeting opportunities with retail and wholesale risk aggregators as well as more “traditional” MGA program business as it looks to build out its platform with a dual strategic focus. The Bill...