We are excited to announce a new capacity partnership with Nationwide Mutual Insurance Company. Headquartered in Columbus, Ohio, Nationwide carries an “A+” (Superior) rating and financial size category XV ($2 Billion or greater) from AM Best.
“Waypoint will utilize our distribution and expertise to build a Stop Loss Medical insurance portfolio for Nationwide. Aligning ourselves with a company of this financial strength and reputation will continue to elevate our profile in the A&H market, broaden our customer appeal and allow us to pursue market segments that are complementary to our current capacity relationships,” said Jason Denechaud, Managing Partner at Waypoint.
“Over the last six years, Waypoint has been truly fortunate to be able to attract outstanding talent on the underwriting, actuarial and operations side. Partnering with Nationwide is further validation of this team and our data centric approach to attritional underwriting. We could not be more pleased to represent Nationwide and look forward to a long and mutually beneficial relationship,” added Joseph Horan, Managing Partner at Waypoint.
“Nationwide has been a terrific company to work with from the start and I am excited to begin building a profitable portfolio with them” said Joseph Trippiedi, Waypoint’s Head of Medical Underwriting.
Based in Basking Ridge, New Jersey, Waypoint Underwriting Management, LLC is a specialty reinsurance managing general underwriter (MGU) operating primarily in the United States, offering Property, Casualty, Workers Compensation and A&H reinsurance solutions to insurers. Waypoint also acts as a primary MGU for Personal Accident and Medical insurance and as a consultant for filing, forms, and actuarial memos in the Accident insurance space.