Waypoint Underwriting Management specializes in accident and health, workers’ compensation, property and casualty reinsurance.
BOSTON, MA – Nov. 19th, 2024 – One80 Intermediaries (One80), a specialty insurance broker headquartered in Boston, today announced that it has acquired Waypoint Underwriting Management, LLC. Terms of the deal were not disclosed.
Based in Basking Ridge, New Jersey, Waypoint Underwriting Management (Waypoint) is a leading specialty reinsurance MGU operating primarily in the United States. The company offers Property, Casualty, Workers’ Compensation, and Accident & Health reinsurance solutions to insurers. Waypoint also functions as a primary Managing General Underwriter for Personal Accident and Medical insurance, and provides consulting services for filing, forms, and actuarial memorandums within the Accident insurance industry.
“Waypoint maintains an extremely broad product offering and best-in-class underwriting teams, which complement One80’s market-leading solutions,” said Matthew F. Power, President, One80 Intermediaries. “Together, we are well poised for accelerated growth and will continue to provide an unwavering commitment to client success,” he continued.
“Waypoint and One80 share a common focus of bringing innovative products and services to the marketplace. Joining the One80 team will not only enhance portfolio diversification but also ensure optimal performance and resilience within the dynamic reinsurance market landscape,” said Joseph Horan, Managing Partner, Waypoint.
“One80’s values are closely aligned with our focus on teamwork, transparency, accountability, and respect,” said Jason Denechaud, Managing Partner, Waypoint. “This partnership will allow us to support further growth and provide our capacity partners the level of service they have come to expect from Waypoint,” he continued.
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Media Contact:
Lenika P. Milne
(786) 865-4614
About One80 Intermediaries
One80 Intermediaries is a privately held leading insurance wholesaler and program manager with offices in more than 55 locations throughout the United States and Canada. The company offers placement services and binding authority for property and casualty, financial lines, benefits, life, travel/accident and health, affinity and administrative services, warranty business and specialty coverage. One80 serves commercial companies, non-profits, public entities, individuals and associations and unions, and has access to insurance markets in the United States, Canada, Europe and Asia. For more information visit: www.one80.com