Emerald Bay Risk Solutions, LLC
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Emerald Bay Risk Solutions, LLC - overview
Established
2024
Location
Morristown, NJ, US
Primary Industry
Insurance
About
Founded in 2024 and based in New Jersey, US, Emerald Bay Risk Solutions, LLC operates as a provider of underwriting and risk management programs mainly for the reinsurance market. Dave Ingrey (CEO) and Miles Allkins (CRO) are the co-founders of the company. In March 2024, Bain Capital agreed to invest in Emerald Bay Risk Solutions, LLC. The company operates as a collaborative underwriting carrier, offering a risk management architecture to address challenges within the market.
The firm’s core operations are focused on accountability, ensuring integrity throughout the entire risk lifecycle. Emerald Bay facilitates collaborative and tech-enabled underwriting processes by partnering with managing general agents (MGAs), program administrators (PAs), and reinsurance capital providers. The March 2024 investment helps the organization further enhance its integrated underwriting solutions in the insurance market.
Current Investors
Bain Capital
Primary Industry
Insurance
Sub Industries
Reinsurance
Website
www.emeraldbayrisk.com/
Verticals
InsureTech
Total Amount Raised
Subscriber access only
Emerald Bay Risk Solutions, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Mainsail Insurance Solutions | - | ||||||||
| Company Formation | Completed | Emerald Bay Risk Solutions, LLC | - |
Displaying 1 - 2 of 2
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.