Hadron launches with over $250 million in capital

Hadron Insurance, a hybrid carrier offering capacity and fronting services, has launched with an A- (Excellent) rating from AM Best in Financial Size Category VIII with more than $250 million in capital support from Altamont and other institutional investors.

Founded earlier this year, Hadron provides capacity to MGU’s and program administrators for E&S insurance products.

The company plans to offer capacity across all 50 US states and DC and to provide portfolio-wide reinsurance support.

“At a time where ongoing structural shifts in the commercial insurance industry continue unabated, alongside recent sensitivity to credit quality and sound operating principles, the dynamic landscape of the commercial insurance market calls for A-rated, licensed insurance capacity. Hadron is poised to make a profound impact by leveraging the management team’s unparalleled operational prowess and enduring industry alliances. Hadron will assume a pivotal role in satisfying the escalating needs of this burgeoning demand.” – Joe Zuk, operating partner at Altamont.