Balance Partners

What Balance Partners does

Balance Partners, LLC is a privately held Managing General Underwriter (MGU) and Managing General Agent (MGA) platform headquartered in Huntington, NY, founded in February 2019 by Michael Sillat and Joe Calise and backed by BV Investment Partners since early 2024. The company operates a diversified underwriting platform organized around more than 20 specialty insurance programs across two structures: branded Balance Programs (Archer transactional liability, Captivate excess casualty, CURE excess liability, Fortress construction, IMpulse inland marine, Maven professional liability, Mistral wind deductible buyback, Pentium commercial property, Poseidon excess flood, RailPro+ railroad liability, Skyline E&S property, Vertical excess construction, Vanguard Specialty professional liability, Aspyre habitational) and Springboard-branded partner programs (Action Underwriting firearms, ATRI management/lawyers/cyber liability, Crown Jewel cyber, Grayson healthcare, Nomadx trustee liability, Tuckerman professional liability). Each program typically carries A or A++ rated carrier paper with limits ranging from $1M to $25M+ per occurrence and attachment points tailored to the target risk class.

Underlying the product set is a technology-enabled platform providing capacity access, underwriting infrastructure, policy management systems, compliance, accounting, and reporting that partner underwriting teams use while retaining their own brands and distribution relationships. The Springboard Outsourced Services subsidiary additionally markets these back-office capabilities to third-party MGUs. The company generates revenue through commissions and fees on insurance premiums written across its programs and ancillary platform service revenue, distributed via wholesale broker networks (100% for construction programs) and select retail broker partnerships (for CAPTIVATE and other specialty lines). Customers are mid-market to upper-middle-market commercial entities plus specialty segments (commercial real estate, construction contractors, healthcare providers, M&A sponsors, professional firms, trustees, firearms industry), served nationwide with selective geographic concentration in the Northeast for core programs and all-50-state coverage for newer launches.

The business model is fundamentally a roll-up / platform-builder approach: Balance partners with or acquires entrepreneurial MGUs, preserves their brand and management, and aggregates fee/commission streams while outsourcing underwriting risk to A++ capacity providers. In 2025 the company completed partnerships or acquisitions adding Vanguard Specialty and CURE Programs, secured SiriusPoint as a strategic capacity partner, expanded executive ranks with a Group CFO and Springboard President, won MGA Platform of the Year recognition, and in early 2026 launched CAPTIVATE to enter the large-account excess casualty market.

Name

Balance Partners

Legal name

Balance Partners, LLC

Website

https://balanceuw.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

51–100 employees

Short description

Balance Partners is a private MGU/MGA platform operating 20+ specialty insurance programs — including transactional liability, excess casualty, construction, professional liability, and property — for mid-market and upper-middle-market commercial accounts through wholesale and retail brokers.

Ownership category

akta.pro rank

Product category

Specialty Insurance Underwriting

NAICS

Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro industry

PRIMARYFSAEADAK

Insurance Program Administration & MGA/MGU Services

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Insurance Brokerage & Risk Advisory

Keywords

• Specialty insurance underwriting
• Excess casualty programs
• Managing general underwriting
• Wholesale broker distribution
• Insurance capacity partnership

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Insurance Premium Revenue: Balance Partners generates revenue through managing general underwriting (MGA/MGU) operations, earning commissions and fees on insurance premiums written through its platform programs including transactional liability, professional liability, commercial property, excess casualty, inland marine, construction, and specialty lines.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Balance Partners operates as a diversified Managing General Underwriter/Agent (MGU/MGA) platform that partners with entrepreneurial underwriting teams to deliver specialty insurance programs across excess casualty, professional liability, construction, commercial property, and transactional liability lines. The firm provides carrier capacity access, back-office infrastructure (via its Springboard subsidiary), policy management, and compliance support while enabling partner underwriting teams to operate under their own brands.

Product overview

Balance Partners is a diversified underwriting platform organized as a platform-plus-modules architecture. The core Balance Partners platform provides insurance programs including Archer (transactional liability), Captivate (excess casualty), CURE (excess liability & umbrella), Fortress (construction), IMpulse (inland marine), Maven (professional liability), Mistral (wind deductible buyback), Pentium (commercial property), Poseidon (excess flood), RailPro+ (railroad liability), Skyline (E&S property), Vanguard Specialty (professional liability), and Vertical (excess construction). The Springboard subsidiary offers branded programs including Action Underwriting (commercial firearms), ATRI (management liability, lawyers protection, cyber & MPL), Grayson Underwriting (allied healthcare), Nomadx (trustee liability), Tuckerman (professional liability), and Crown Jewel Insurance (cyber/E&O). Specialty verticals include fine art and crypto mining equipment insurance. The platform provides capacity, infrastructure, compliance, and administrative support while partner teams maintain ownership and control of their programs.

Differentiator

Problem solved

Functional benefit

Brands

• Archer: Transactional Liability - specializes in transaction liability insurance policies including Representation & Warranty Insurance, Contingent Liability Insurance, Tax Indemnity Insurance, Secondary Transaction Insurance, and Real Estate Transaction Insurance.
• Aspyre
• Captivate
• CURE
• Fortress
• IMpulse
• Maven
• Pentium
• Poseidon
• RailPro+
• Skyline
• Vertical
• Mistral
• Action Underwriting
• ATRI
• Nomadx
• Tuckerman Underwriting
• Vanguard Specialty
• Grayson Underwriting
• Crown Jewel Insurance (CJI)
• Springboard
• Springboard Outsourced Services, LLC

Products and services

• Excess Casualty Insurance Programs Specialty excess casualty insurance programs underwritten on behalf of carrier partners and distributed to commercial insureds through wholesale brokers. Target buyers are commercial accounts requiring high-limit liability coverage above primary layers.
• Professional Liability Insurance Programs Professional liability coverages (errors & omissions, directors & officers, misc. professional liability) underwritten through the Balance Partners platform and offered to commercial insureds via broker channels.
• Construction Insurance Programs Construction-focused specialty insurance programs (including contractors' general liability and related coverages) underwritten for commercial construction risks and distributed through wholesale brokers.
• Commercial Property Insurance Programs Commercial property insurance programs underwritten for commercial real estate and business property exposures, distributed to insureds through wholesale brokers.
• Transactional Liability Insurance Programs Transactional liability coverages (including representations & warranties insurance for M&A transactions) underwritten through the Balance Partners platform for private equity and corporate buyers.
• Springboard Back-Office Services Back-office services (policy administration, accounting, regulatory/compliance support, and operational infrastructure) provided through the Springboard subsidiary to underwriting partners operating within the Balance Partners MGU platform.

Quantifiable outcome

• Doubled in size since early 2024
• +4 more outcomes

Segments10 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core.

• CURE ProgramscoreStrategic or Co-development Partner · 30 November 2025BV Investment Partners-backed Balance Partners partnered with CURE Programs, an MGU specializing in excess casualty insurance for commercial real estate. The partnership deepens Balance's excess casualty offerings with excess towers up to $20 million. Founded by David and Aris Vilage in 2016, CURE maintains strong relationships with A and A- AM Best-rated carriers. CURE brand will be maintained under Balance Partners ownership with management continuing to lead the business.
• SiriusPoint Ltd.coreStrategic or Co-development Partner · 26 March 2025SiriusPoint, a global specialty insurer and reinsurer (NYSE: SPNT), announced strategic partnership with Balance Partners as capacity provider for the Vertical excess construction liability program. SiriusPoint provides capital and expertise for lead and following excess layers up to $5 million covering tradespeople in New York including electricians, plumbers, masons, HVAC, drywall and glass installers. The program is led by John LoPorto, Head of Vertical.
• Vanguard SpecialtycoreStrategic or Co-development Partner · 18 March 2025Balance Partners announced partnership with Vanguard Specialty, a program manager for professional liability insurance programs. This strategic partnership brings together companies with shared commitment to underwriting excellence and long-term growth, enhancing Vanguard's capabilities and expanding distribution for professional liability offerings including LPL, title agents E&O, and design professionals coverage.
• Crown Jewel Insurance (CJI)coreStrategic or Co-development PartnerBalance Partners partnered with Crown Jewel Insurance to write insurance products in Cyber, Intellectual Property and E&O sectors on A XV paper. CJI distributes insurance for smaller companies through their larger stakeholders. Products include VendorGuard (Tech and Cyber), FranchiseGuard, and InvestorGuard. The partnership solves for operational, underwriting, and administrative aspects of each program.
• Springboard Outsourced Services LLCcoreOthersSpringboard is a subsidiary of Balance Partners providing comprehensive back-office support including policy management systems, licensing, and accounting to startup MGUs seeking turnkey operational solutions. Led by President Brian Lee with extensive industry experience in underwriting operations.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Burns & Wilcox: Burns & Wilcox is a major specialty insurance wholesale brokerage and MGA offering surplus lines, professional liability, and excess casualty capacity. Its MGA and program management activities are directly comparable to Balance Partners' platform.
• Amwins: Amwins is the largest specialty wholesale distributor and MGA in the US, placing complex risks across multiple specialty lines through wholesale broker networks. It is the closest direct competitor to Balance Partners' MGA platform model and distribution approach.
• RPS (Risk Placement Services): RPS is a leading national specialty insurance broker and program manager placing risks across P&C, professional, and excess lines. Its program management business and wholesale distribution model closely mirror Balance Partners' specialty MGA approach.
• Skyward Specialty Insurance Group: Skyward Specialty is a specialty insurance company built through both organic launches and acquisitions of MGAs/program managers. Its platform-plus-programs architecture and growth-via-M&A strategy are closely comparable to Balance Partners' model.
• CRC Group: CRC Group is a large US wholesale insurance distributor and program manager serving retail brokers with specialty products. It competes directly with Balance Partners for wholesale broker relationships and program administration mandates.
• Allstar Financial Group: Allstar Financial Group operates a specialty insurance platform with multiple MGA programs across property, casualty, and professional lines. Its diversified MGA model and carrier-backed capacity structure are directly comparable to Balance Partners.
• Ategrity Specialty Insurance: Ategrity Specialty is a specialty insurance platform writing multiple specialty lines through both direct and MGA/program structures. Its multi-line specialty underwriting and program management approach is directly comparable to Balance Partners' portfolio.

Emerging players

• Accelerant Holdings: Accelerant is a PE-backed specialty insurance platform that enables MGAs with data analytics, capacity access, and operational support. Its platform-then-MGA thesis and PE sponsorship closely parallel Balance Partners' Springboard offering and BV Investment Partners backing.
• Insurica Insurance Management Group: Insurica is a multi-line insurance agency and program manager with specialty MGA capabilities. Its program management approach and specialty line diversification make it a comparable, though smaller-scale, peer to Balance Partners.

Broad incumbents

• Berkley Specialty Insurance: Berkley Specialty is part of W.R. Berkley Corporation's specialty insurance platform offering multiple specialty lines including professional liability, casualty, and property. As a much larger specialty insurer with carrier ownership, it competes for similar broker-submitted specialty business.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/balanceuw

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Balance Partners