Emerald Bay, Brown & Brown unit launch commercial quake facility - Business Insurance (2024)

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    Emerald Bay, Brown & Brown unit launch commercial quake facility - Business Insurance (1)

    Specialty insurer Emerald Bay Risk Solutions LLC said Thursday it would launch a commercial earthquake facility with Arrowhead General Insurance Agency Inc., a subsidiary of Daytona Beach, Florida-based Brown & Brown Inc.

    Arrowhead EQ DIC will provide difference in conditions insurance policies for medium to large businesses, primarily in California and the Pacific Northwest, offering more than $250 million in capacity.

    The facility is backed by a group of undisclosed primary reinsurers rated A- or better by A.M. Best Co. Inc.

    Emerald Bay launched earlier this year with a strategic investment from Bain Capital Insurance, the dedicated insurance investing unit of Bain Capital LLC.

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    • Emerald Bay, Brown & Brown unit launch commercial quake facility - Business Insurance (2024)

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