Waypoint Underwriting Management
Waypoint Underwriting Management is a specialty reinsurance MGU underwriting Workers Compensation, Casualty, Property, and Accident & Health treaty and facultative reinsurance on behalf of highly rated carrier partners, distributing exclusively through reinsurance brokers across North America as a division of Brown & Brown.
- Company typePrivate
- Founded2017
- HeadquartersBasking Ridge, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Waypoint Underwriting Management does
Waypoint Underwriting Management, LLC is a specialty reinsurance Managing General Underwriter (MGU) founded in 2017 and headquartered in Basking Ridge, New Jersey. The company underwrites and manages facultative and treaty reinsurance on behalf of a panel of highly rated global re/insurance carriers, distributing exclusively through reinsurance brokers to insurance carriers across North America. Its core product lines are Workers Compensation (treaty and facultative, including single life and catastrophe layers), Casualty Treaty (umbrella, excess, GL, auto liability, clash, limited D&O/E&O/environmental), and Property Treaty (property, inland marine, equipment breakdown, multi-line, risk excess), with a growing Accident & Health book including personal accident, inbound student travel, and stop loss medical.
The company is a Lloyd's Coverholder and operates as a division of Brown & Brown (NYSE: BRO), organized under Arrowhead Specialty. Waypoint's go-to-market is enterprise field sales conducted through reinsurance intermediaries, with senior underwriters maintaining direct relationships with cedent management. The firm monetizes via fee and commission income on premium written under carrier paper, supplemented by Accident insurance consulting services (filings, forms, actuarial memorandums) and primary MGU activity for Personal Accident and Medical lines. Underwriting is supported by technical actuarial (FCAS, MAAA) and claims expertise; the firm uses catastrophe modeling for workers compensation cat layers but discloses no proprietary AI/ML platforms. The customer base consists of ~10 named capacity partners, predominantly mutual and specialty carriers rated A or better by AM Best.
Waypoint Underwriting Management firmographics
Firmographics- Name
- Waypoint Underwriting Management
- Legal name
- Waypoint Underwriting Management, LLC
- Website
- https://waypointunderwriting.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Waypoint Underwriting Management is a specialty reinsurance MGU underwriting Workers Compensation, Casualty, Property, and Accident & Health treaty and facultative reinsurance on behalf of highly rated carrier partners, distributing exclusively through reinsurance brokers across North America as a division of Brown & Brown.
- Ownership category
- akta.pro rank
Waypoint Underwriting Management industry classification
Industry- Product category
- Specialty Reinsurance Underwriting
- NAICS
- Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Insurance Program Administration & MGA/MGU Services (FSAEADAK)
- akta.pro secondary industry
- Reinsurance Program Structuring & Portfolio Solutions (Broker-led) (FSAOAHAJ)
Keywords
Where Waypoint Underwriting Management is headquartered
LocationHeadquarters
- HQ city
- Basking Ridge
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Waypoint Underwriting Management business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Reinsurance Underwriting Management: Waypoint operates as an MGU underwriting and managing reinsurance business on behalf of capacity carrier partners. They earn fees and commissions for providing distribution, underwriting expertise, and portfolio management services to reinsurance companies. The company provides Property, Casualty, and Workers Compensation treaty reinsurance solutions, with capacity partnerships with multiple highly rated carriers.
- Primary MGU Services: Waypoint also functions as a primary MGU for Personal Accident and Medical insurance, providing underwriting and management services for these lines of business.
- Consulting Services: Waypoint provides consulting services for filing, forms, and actuarial memorandums within the Accident insurance industry.
Go-to-market motion2 records
Distribution channels1 record
Marketing channels3 records
Waypoint Underwriting Management product offering
Product offeringCore offering
Waypoint Underwriting Management operates as a specialty reinsurance Managing General Underwriter (MGU), underwriting and managing Property Treaty, Casualty Treaty, and Workers Compensation Treaty and Facultative reinsurance on behalf of multiple highly rated global re/insurance capacity partners. The firm also acts as a primary MGU for Personal Accident insurance and provides Accident insurance consulting services. Products are distributed exclusively through reinsurance brokers to insurance carriers in North America.
Product overview
Waypoint Underwriting Management operates as a specialty reinsurance Managing General Underwriter (MGU) offering a suite of core reinsurance products: Workers Compensation Treaty and Facultative Reinsurance, Casualty Treaty Reinsurance, Property Treaty Reinsurance, and Accident & Health Reinsurance. The company also acts as a primary MGU for Personal Accident insurance and provides consulting services for filing, forms, and actuarial memorandums. Products are distributed through reinsurance brokers and capacity partnerships with highly rated global re/insurance carriers, providing Property, Casualty, Workers Compensation, and A&H reinsurance solutions to insurers throughout North America.
Differentiator
Problem solved
Functional benefit
Products and services
- Workers Compensation Reinsurance Treaty and facultative workers compensation reinsurance covering XOL Treaty, XOL Facultative, Single Life working layer, Multiple Life catastrophe, Industrial Aid Aviation, Longshore and Harbor, Worker's Act, and Defense Base Act. Single Life protections up to $5M per occurrence with Quota Share and Excess of Loss options; Catastrophe protection up to $15M per occurrence. Sold to insurance carriers via reinsurance brokers.
- Casualty Treaty Reinsurance Casualty treaty reinsurance covering Umbrella Liability, Excess Liability, General Liability, Auto Liability, Clash, and limited D&O, E&O, and Environmental lines. Offered on Quota Share, Surplus Share, Cessions Excess, and Excess of Loss bases. Sold to insurance carriers via reinsurance brokers.
- Property Treaty Reinsurance Property treaty reinsurance covering Property, Inland Marine, Equipment Breakdown, Auto Physical Damage, Multi-line, and Risk Excess lines of business. Sold to insurance carriers via reinsurance brokers.
- Accident & Health Reinsurance Accident and Health reinsurance including Personal Accident Catastrophe Reinsurance, Personal Accident Per Person XOL & Quota Share, and Facultative Personal Accident Reinsurance. Target markets include Base/Cat/Voluntary K-12, Key Man/Bulk ADB, Participant Accident, Corporate Accident, Business Travel Accident, Association/Affinity Groups, Group Life (CAT Accident Only), Occupational Accident, and Short/Long-Term Disability.
- Personal Accident Insurance (Primary MGU) Primary MGU services for Personal Accident and Medical insurance, providing underwriting and management services for these lines of business on behalf of capacity carrier partners.
- Accident Insurance Consulting Services Consulting services covering filing, forms, and actuarial memorandums within the Accident insurance industry, supporting carriers' regulatory and product development needs.
- Inbound Student Travel Insurance Inbound Student Medical Insurance product underwritten and managed on behalf of Convex Insurance, expanding Waypoint's footprint in the Educational Accident and Health space.
- Stop Loss Medical Insurance Stop Loss Medical insurance portfolio built and managed for Nationwide Mutual Insurance Company using Waypoint's distribution and underwriting expertise.
Companies that use Waypoint Underwriting Management
Customer profileNamed customers10 records
Segments10 records
Ideal customer profiles2 records
Waypoint Underwriting Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Waypoint Underwriting Management partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and strategic.
- MEM Mutual Insurance CompanycoreReinsurance Intermediary Management Agreement under which Waypoint underwrites Property, Casualty, and Workers Compensation treaty reinsurance business on MEM's behalf. MEM carries A- (Stable) rating from AM Best with $393.4 million policyholder surplus as of year-end 2025. Waypoint began quoting business effective July 1, 2026.
- Tokio Marine KilncoreReinsurance Managing General Underwriter (MGU) agreement under which Waypoint underwrites a diversified portfolio of property reinsurance business on behalf of Tokio Marine Kiln. TMK Syndicate benefits from Lloyd's ratings of A+ (Superior) from AM Best, AA- from S&P, and AA- from Fitch. Effective January 1, 2026.
- Hastings Insurance CompanycoreReinsurance MGU agreement with Hastings Insurance Company, effective January 1, 2026. The agreement reinforces Waypoint's commitment to providing cedents and broker partners with access to a diversified panel of strongly rated carrier partners.
- CompSource Mutual Insurance CompanycoreStrategic MGU partnership under which Waypoint underwrites a tailored portfolio of Property, Casualty, and Workers Compensation Treaty Reinsurance aligned with CompSource Mutual's risk tolerance. CompSource Mutual has A rating from AM Best with $970.9 million surplus at end of 2023.
- Convex InsurancestrategicExpanded existing partnership to include selected Accident and Health Insurance classes. Waypoint underwrites and manages an Inbound Student Travel insurance product on behalf of Convex. Waypoint's Head of Personal Accident noted this targets the Educational Accident and Health space.
- Nationwide Mutual Insurance CompanycoreCapacity partnership for Stop Loss Medical insurance portfolio. Nationwide carries A+ (Superior) rating from AM Best and Financial Size Category XV ($2B+). Waypoint utilizes distribution and expertise to build the Stop Loss Medical portfolio.
- WCF InsurancecoreCapacity partnership effective September 1, 2022. Waypoint writes Property, Casualty, and Workers Compensation reinsurance for WCF Insurance. WCF is A rated by AM Best with Financial Size XII ($1B-$1.25B) and $1.15B surplus in 2021.
- United Fire & Casualty CompanycoreManagement agreement to write Accident and Health reinsurance for United Fire & Casualty Company, effective July 1, 2021. UFG Insurance is rated A (Excellent) by AM Best. Building on existing Workers Compensation treaty reinsurance agreement.
- AF GroupcoreCapacity partnership with AF Group, headquartered in Lansing, Michigan. AF Group carries A rating and Financial Size XII from AM Best. Waypoint underwrites Property, Workers Compensation, and Casualty treaty reinsurance effective July 1, 2021.
- ICW Group (Insurance Company of the West)coreProgram management agreement with Insurance Company of the West effective January 1, 2019. Waypoint underwrites Workers Compensation and Property reinsurance on behalf of ICW Group. ICW Group is rated A (Excellent) by AM Best and is the largest privately held insurance group in California.
Scale indicators8 records
Recent moves9 records
Expansion highlights5 records
Waypoint Underwriting Management competitors and assessment
Company assessmentDirect peers
- Ariel Re: Specialty reinsurer/MGU hybrid underwriting Property, Casualty, and specialty lines through broker distribution; comparable broker-led, capacity-backed specialty reinsurance model.
- Bowhead Specialty Underwriters: Specialty insurance MGU focused on niche commercial lines with multiple carrier relationships; comparable MGU platform structure competing for similar cedent relationships.
- Accelerant Holdings: Specialty insurance MGU platform that partners with carrier capacity to underwrite niche commercial lines; closely comparable operating model with carrier partnerships and broker distribution.
- SkyCover Holdings: Specialty MGU platform underwriting on behalf of carrier partners across multiple lines; similar MGU-led, capacity-backed model serving brokers and cedents.
- IQUW: Specialty (re)insurance MGU platform underwriting across multiple lines through carrier partnerships; similar MGU-led, broker-distributed model serving cedents in North America and internationally.
Regional players
- Convex Group: Specialty (re)insurer with growing US presence; current Waypoint capacity partner on Accident & Health lines and competitor for specialty cedent relationships in international markets.
- Sompo Canopius Re: Specialty reinsurance arm of Sompo International (and prior employer of Waypoint co-founder Matt Campion); provides reinsurance capacity and competes for cedent relationships, with primary orientation outside the US.
Broad incumbents
- RPS Specialty Insurance: Large wholesale broker and managing general agent with multiple specialty MGU platforms; comparable specialty underwriting services distributed through wholesale and broker channels.
- Amwins Specialty Insurance: Large wholesale broker and MGU operator with specialty underwriting platforms across many lines; competes for both broker mindshare and specialty MGU talent at materially greater scale.
- Aspen Underwriting: Established global specialty (re)insurer with broad product portfolio across Property, Casualty, and specialty lines; competes with Waypoint for cedent relationships at significantly greater scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Waypoint Underwriting Management social profiles
Digital presenceWaypoint Underwriting Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Waypoint Underwriting Management leadership team
Management profileNumber of profiles
Profiles5 records
Waypoint Underwriting Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Waypoint Underwriting Management M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Waypoint Underwriting Management
What does Waypoint Underwriting Management do?
Waypoint Underwriting Management operates as a specialty reinsurance Managing General Underwriter (MGU), underwriting and managing Property Treaty, Casualty Treaty, and Workers Compensation Treaty and Facultative reinsurance on behalf of multiple highly rated global re/insurance capacity partners. The firm also acts as a primary MGU for Personal Accident insurance and provides Accident insurance consulting services. Products are distributed exclusively through reinsurance brokers to insurance carriers in North America.
Is Waypoint Underwriting Management a public or private company?
Waypoint Underwriting Management is a private company. It is classified as corporate owned and is currently operating.
When was Waypoint Underwriting Management founded?
Waypoint Underwriting Management was founded in 2017. It employs 1 to 10 people.
Where is Waypoint Underwriting Management based?
Waypoint Underwriting Management is headquartered in Basking Ridge, United States, in the North America region.
How does Waypoint Underwriting Management make money?
Three revenue lines are on record. Reinsurance Underwriting Management is the primary driver. The others are primary MGU Services and consulting Services.
Who are Waypoint Underwriting Management's main competitors?
Direct peers on record are Ariel Re, Bowhead Specialty Underwriters, Accelerant Holdings, SkyCover Holdings and IQUW. Regional players are Convex Group and Sompo Canopius Re. Broad incumbents are RPS Specialty Insurance, Amwins Specialty Insurance and Aspen Underwriting.
Does Waypoint Underwriting Management have an API?
No public API is recorded for Waypoint Underwriting Management.
What industry is Waypoint Underwriting Management in?
Waypoint Underwriting Management's product category is Specialty Reinsurance Underwriting. Its primary akta.pro industry code is FSAEADAK, Insurance Program Administration & MGA/MGU Services, with a secondary code of FSAOAHAJ, Reinsurance Program Structuring & Portfolio Solutions (Broker-led). Its NAICS code is 52421 and its SIC code is 6411.