Waypoint Underwriting Management LLC is pleased to announce our new program management agreement with Insurance Company of the West. Effective 1/1/19, Waypoint will underwrite and manage Workers’ Compensation and Property reinsurance on behalf of Insurance Company of The West.
Based in Basking Ridge, New Jersey, Waypoint is a specialty reinsurance managing general underwriter operating primarily in the United States.
Insurance Company of The West is part of ICW Group. Based in San Diego, ICW Group Insurance Companies is the largest group of privately held insurance companies domiciled in California. ICW Group is rated A (Excellent) with a Financial Size of XII ($1 Billion – $1.25 Billion) by AM Best.
“We are very pleased to enter this relationship with ICW Group” said Jason Denechaud, Managing Partner. “The combination of very strong financials and a dynamic and technical leadership team make ICW Group an ideal carrier partner.”
“Having already built a strong foundation in Property and Workers’ Compensation reinsurance, we are very excited to take the next step of our growth in partnership with ICW Group,” said Matthew Campion, Principal, Head of Property. “The addition of Catastrophe XOL capacity to support our existing Per Risk and Proportional property portfolios is an important step in developing a broad set of treaty solutions.”