Boost Insurance launches Boost Re
Boost Insurance announced the launch of Boost Re, a new risk transfer platform.
With the addition of Boost Re, the company’s MGA, insurtech, and embedded insurance partners can now provide their own reinsurance capacity to sit behind the programs they build on Boost’s infrastructure.
Boost Re is structured as a US-domiciled protected cell captive insurance company and wholly owned subsidiary of Boost Insurance.
“We built Boost to provide our customers with a scalable, long-term solution for building or expanding their insurance business, and Boost Re is the next stage in that vision. By enabling our customers to build a full stack business on Boost Re’s rails, we can offer the same control, reliability, and safety of engaging directly with carriers or reinsurers – at a fraction of the time and cost. Boost Re allows us to offer even greater value to our risk capital partners.” – Alex Maffeo, CEO & founder of Boost.