Spinnaker Insurance Company
Highly Engaged Employees
Highly Engaged EmployeesInsurance · New Jersey, United States · 11-50 Employees
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Overview
Headquarters
1 Pluckemin Way Ste 102, Bedminster, New...Phone Number
(888) 221-7742Website
www.spinnakerins.comRevenue
<$5 MillionIndustry
ZI Rank: 7
Signal Type
Mar
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ZI Rank
3
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7
About Spinnaker Insurance Company
Spinnaker Insurance Company is redefining program insurance through innovative and strategic solutions, focusing on both personal and commercial lines. The company provides services as a Managing General Agency (MGA) and Program Administrator (PA), offering clients access to the reinsurance market and a commitment to building long-term partnerships. Since its inception in 2015, Spinnaker has developed a strong reputation for integrity and excellence, further enhancing its capabilities through a partnership with Hippo Insurance in 2020. With a rating of A- (Excellent) from AM Best, Spinnaker caters to various clients, including specialty insurance agencies and program administrators, across the U.S.Explore more
Spinnaker Insurance Company Org Chart
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Most Recent Scoops
New Hire
Executive Move
New Hire
Executive Move
Peter Maloney has joined the organization as General Counsel and Corporate Secretary.
Executive Moves, New Hire
Mergers & Acquisitions (M&A)
Mergers & Acquisitions (M&A)
Spinnaker Insurance Company News & Media
AM Best Assigns Credit Ratings to Wingsail Insurance Company; Affirms Credit Ratings of Core Members of Spinnaker Insurance Group
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Financial Strength Rating (FSR) of A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) to Wingsail Insurance Company, a 100% reinsured subsidiary of Spinnaker Insurance Company. The outlook assigned to these Credit Ratings (ratings) is stable. Concurrently, AM Best has affirmed the FSR of A- (Excellent) and the Long-Term ICR of “a-” (Excellent) of Spinnaker Insurance Company and its 100% reinsured subsidiAM Best Withdraws Credit Rating of Mainsail Insurance Company
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has withdrawn the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Mainsail Insurance Company (Mainsail), a 100% reinsured subsidiary of Spinnaker Insurance Company (Spinnaker). At the time of the withdrawal, the outlook of these Credit Ratings (ratings) was stable. Both companies are headquartered in Bedminster, NJ. The withdrawal of the ratings previously assigned to Mainsail InsurancHippo Announces Completion of $110M Debut Catastrophe Bond
PALO ALTO, Calif.--(BUSINESS WIRE)--Spinnaker Insurance Company, a wholly owned subsidiary of Hippo Holdings Inc. (NYSE: HIPO), today announced the successful sponsorship of Mountain Re Ltd. Series 2023-1 catastrophe bond. The $110 million cat bond is a 10% upsize from the initial $100 million transaction target. As part of the transaction, Spinnaker is entering into a reinsurance contract with Mountain Re that offers protection against a variety of perils, including named storms, fire followinSpinnaker Names Charles Valinotti Chief Program and Underwriting Officer
PALO ALTO, Calif.--(BUSINESS WIRE)--Spinnaker Insurance Company, a wholly owned subsidiary of Hippo Holdings Inc. (NYSE: HIPO), today named Charles Valinotti as Spinnaker’s Chief Program and Underwriting Officer. Valinotti joins Spinnaker to lead the company’s team of program underwriters, who are responsible for managing the carrier’s diverse portfolio of third-party programs. Valinotti brings 30 years of experience, working across a variety of insurance products and roles that helped form a d
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Spinnaker Insurance Company is redefining program insurance through innovative and strategic solutions, focusing on both personal and commercial lines. The company provides services as a Managing General Agency (MGA) and Program Administrator (PA), offering clients access to the reinsurance market and a commitment to building long-term partnerships... Read More
