Bamboo Insurance partners with Incline P&C
Bamboo Insurance, an MGA focused on the California homeowners insurance market, announced a partnership with insurance program carrier Incline P&C Group to bring additional capacity.
Bamboo will begin underwriting admitted and non-admitted homeowners programs with Incline immediately.
The MGA has a partnership with Sutton National Insurance Company and last year it generated $441.4 million in written premiums.
“The challenges facing the California insurance market are undisputed. The Bamboo team takes great pride in finding solutions that meet the needs of our customers in these difficult times. This partnership will provide affordable insurance coverage for hundreds of thousands of Californians in the coming years. At Bamboo, we want California to know that we were here before the crisis, have remained open, and are committed to being a solution in future – we are here for good. The Incline partnership is a major step forward in delivering on that commitment.” – John Chu, CEO of Bamboo Insurance.
“Incline is excited to partner with Bamboo, an industry leader with vast experience in the homeowner’s space. Such characteristics pair well with our team’s experience, underwriting discipline and premier risk management expertise. We look forward to a long and productive partnership.” – Incline President and CEO Chris McClellan/