Trinity Underwriting

Name

Trinity Underwriting

Legal name

Trinity Underwriting Managers Ltd.

Website

https://trinityunderwriting.ca

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Trinity Underwriting is a Toronto-based Canadian MGA that underwrites and distributes specialty insurance products (E&O, D&O, medical malpractice, cyber, life science, legal expense) exclusively through insurance brokers across niche professional verticals including fintech, technology, healthcare, and life science.

Ownership category

akta.pro rank

Product category

Specialty Insurance Underwriting (MGA)

NAICS

Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Carriers (5241), Insurance Carriers and Related Activities (524)

SIC

Insurance Agents, Brokers & Service (6411), Fire, Marine & Casualty Insurance (6331), Insurance Carriers, Nec (6399)

akta.pro primary industry

Insurance Program Administration & MGA/MGU Services (FSAEADAK)

akta.pro secondary industries

Professional Liability (E&O) (FSAJAGAC), Management Liability (D&O/EPL/Fiduciary) (FSAJAGAD)

Keywords

• Specialty insurance underwriting
• Managing general agent
• Professional liability insurance
• Commercial insurance brokerage
• Cyber liability coverage

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Underwriting Commission: As an MGA, Trinity Underwriting earns commission income from underwriting insurance policies on behalf of capacity providers. They have in-house underwriting authority allowing them to control quotes and offer exclusive terms to broker partners.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Trinity Underwriting is a Canadian Managing General Agent (MGA) that underwrites and distributes specialty insurance products on behalf of A-rated insurance groups and Lloyd's, exclusively through licensed insurance brokers. Its portfolio includes Professional Liability (E&O), Management Liability (D&O), Medical Malpractice, Life Science Liability, Property and Casualty, Cyber, and Legal Expense coverage, with industry-tailored packages for professional services, technology, fintech, healthcare, life science, sport, engineers, and accountants. The company holds in-house underwriting authority, issues policies in Canadian or US currency with primary or excess limits, and handles claims through in-house third-party administrator Cameron & Associates.

Product overview

Trinity Underwriting is a Canadian MGA (Managing General Agent) offering specialty insurance products through two portfolios: Insurance Products (Professional Liability/E&O, Management Liability/D&O, Medical Malpractice, Life Science Liability, Property and Casualty/CGL, Cyber, and Legal Expense) and Industry/Occupation Coverage (Professional Services, Technology, Fintech, Healthcare, Life Science, Sport, Engineers, and Accountants). The company underwrites in-house with authority from A-rated insurance groups and Lloyd's, providing flexible coverage options including primary or excess limits, policies in Canadian or US currency, and packaged coverage options.

Differentiator

Problem solved

Functional benefit

Products and services

• Professional Liability (E&O) Errors and Omissions coverage for professional services, including claims-made coverage, full bodily injury and property damage, independent contractors coverage, and options for defense costs outside limits. Distributed exclusively to insurance brokers for placement with their professional services clients.
• Management Liability (D&O) Directors and Officers liability coverage for private companies, non-profits, and publicly traded companies with market capitalization under $100M, including Side A, B, C coverage, employment practices liability, and fiduciary liability. Distributed to insurance brokers.
• Medical Malpractice Medical malpractice coverage offering individual or entity coverage, disciplinary proceedings reimbursement, occupational health and safety coverage, and abuse liability. Distributed to insurance brokers placing healthcare professionals and facilities.
• Life Science Liability Coverage for medical products and professional liability, including product liability on claims-made basis, premises liability, domestic and foreign clinical trial coverage, product recall expense reimbursement, and biocontamination coverage. Distributed to insurance brokers placing life science and pharmaceutical clients.
• Property and Casualty Commercial General Liability and property coverage including bodily injury, property damage, personal and advertising injury, medical payments, tenant's legal liability, crime coverage, and equipment breakdown protection. Distributed to insurance brokers placing commercial accounts.
• Cyber Cyber liability coverage including first party cyber protection with privacy notification costs, regulatory defense, network business interruption, network extortion, cybercrime coverage, and reputational damage protection. Distributed to insurance brokers placing technology and other commercial clients.
• Legal Expense Legal expense insurance covering contract disputes, employment disputes, criminal defense, property issues, personal injury, tax disputes, and general legal advice hotline. Distributed to insurance brokers as an add-on or standalone policy for commercial clients.

Segments8 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Cameron & AssociatescoreImplementation/ SI/ Consulting PartnerTrinity has partnered with Cameron & Associates as their in-house third-party administrator (TPA) to handle all claims. Cameron & Associates has been in business since 1994 and provides hands-on claims management for Trinity's policyholders.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Totten Insurance Group: Canadian MGA specializing in professional liability and specialty insurance for niche professions, distributing through brokers. Closely comparable to Trinity in business model, customer base, and underwriting approach.
• Executive Risk Indemnity Inc. Canadian MGA focused on D&O, E&O, and management liability for specialty risks. Direct competitor in management liability and professional liability MGA space in Canada.
• Westport Insurance / Westport Underwriting Managers: Canadian MGA focused on specialty and professional liability lines for niche industries, distributed through brokers. Comparable in specialty E&O/D&O positioning.
• Unique Insurance Managers: Canadian MGA offering hard-to-place specialty insurance products through brokers. Similar niche-specialty focus and broker distribution model.

Broad incumbents

• BRIT Insurance (Lloyd's coverholder): Global specialty insurer and Lloyd's market participant with broad specialty lines including professional liability and D&O. Comparable in capacity backing and Lloyd's participation, but operates at significantly larger scale.
• Beazley Group: Global specialty insurer with major presence in professional liability, D&O, cyber, and healthcare malpractice. Comparable product lines to Trinity, but operates at Lloyd's scale across multiple geographies.
• AXA XL: Major global specialty insurer offering professional liability, management liability, cyber, and life science coverage. Comparable product menu, but at much larger scale and with broader geographic reach.

Emerging players

• Medicus Insurance (now Constellation): Canadian specialty insurer/MGA focused on medical malpractice and healthcare professional liability. Direct overlap with Trinity's healthcare and medical malpractice product portfolio.

Others

• Indiana Insurance / Cincinnati Financial: Large multi-line insurance carrier with a specialty E&O and management liability portfolio. Listed as a peer because capacity providers with similar A-rated profiles supply Trinity's capacity; relevant context for the capacity side of the MGA model.

Regional players

• Apollo Speciality Underwriters: UK-based MGA specializing in professional indemnity and D&O for niche professions. Comparable MGA structure and specialty E&O focus, but serves UK market rather than Canada.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Trinity_MGA
• Facebookfacebook.com/trinitymga
• LinkedInlinkedin.com/company/trinity-underwriting-managers
• Instagraminstagram.com/trinitymga

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 Trinity Underwriting