Pine Brook-backed Clear Blue launches with two fronting carriers
December 17, 2015
Clear Blue Financial Holdings, a newly formed commercial insurance fronting provider backed by Pine Brook, announced that it has launched with two fully licensed fronting carriers. The company is a non-risk bearing insurance business that enables traditional and alternative reinsurers to access the on-shore U.S. market. Clear Blue has recently completed the acquisitions of specialty insurance businesses RLI Indemnity Company and Maiden Specialty Insurance Company, which will serve as growth platforms for Clear Blue’s operations.