Hadron to acquire GCNA USA

Hadron Insurance , the Arkansas-based hybrid fronting carrier backed by Altamont Capital, announced plans to acquire The Guarantee Company of North America USA from Intact’s Atlantic Specialty Insurance.

The deal gives Hadron access to GCNA’s nationwide admitted licenses and U.S. Treasury surety authorization, enhancing its ability to offer a broader range of admitted products across all 50 states, D.C., and Puerto Rico.

The transaction, expected to close in Q3 pending regulatory approval, includes no transfer of premiums, reserves, or employees.

Hadron launched in 2023 and has since expanded to the UK. It partners with MGAs and MGUs, providing insurance and reinsurance capacity across specialty and SMB markets.