Foley adviseert Dellwood bij de lancering als nieuwe E&S Insurance Holding Company, met een kapitaal van meer dan 250 miljoen dollar.

Foley & Lardner LLP served as legal advisor to Dellwood Insurance Group (Dellwood) in its formation and launch as a new nationwide excess and surplus lines (E&S) insurance holding company dedicated exclusively to wholesale brokers, with an emphasis on small and middle enterprise risks. Dellwood is backed by blue-chip companies, including RenaissanceRe, PartnerRe, Starr Insurance, and Central Insurance, as well as individual investors, including Dominic Addesso, David Delaney, VJ Dowling, Jim Hays, and principals from Stone Point Capital.

The E&S market has doubled in size since 2018, driven by heightened CAT activity and social and economic inflation. Dellwood’s purpose-built underwriting platform will lead with a full suite of insurance products for the small and mid-sized commercial market. These capabilities and disciplined underwriting will appeal to wholesale brokers who need alternative approaches, particularly for smaller, hard-to-place risks.

Dellwood’s early investment in technology will streamline the underwriting and claims processes to drive profitable growth, operating efficiencies, and exceptional service to its broker partners and customers.

The Foley team was led by partner JillAllison Opell and included partner Jonathan Israel, special counsel Thomas Fritsch, senior counsels Jordan Bergmann and Jonathan Goeringer, and associate Margaret Brzakala.