International Re partners with Cimarron

International Re (I–RE), the specialist captive insurance and reinsurance MGU, announced its new capacity partnership with Cimarron Insurance Company , a niche specialist admitted insurer.

The partnership will underwrite a range of admitted property and casualty lines of business, rolling out over the next 12 months. Cimarron is a group of insurance and risk management companies. Cimarron specializes in providing individual business owners, owner operators and other small business owners with a wide array of insurance, risk management and risk financing solutions.

“We are excited to launch our partnership with Cimarron, the first of a number of strategic partnerships with insurers that we expect to roll out through 2021. I–RE’s high-performing mid-market clientele deserve to underwrite their own commercial property and casualty insurance, whilst retaining profits, just as big corporations can, and partnership with Cimarron delivers the high-quality admitted capacity they need to do that. I’m looking forward to working closely with the Cimarron team and extending the reach of RE–PAID to our clients.” – Andy Jeckells, co-chief exec I–RE.

“Working together, I–RE and Cimarron are eliminating the barriers that stand in the way of mid-market companies underwriting admitted commercial property and casualty insurance policies in the stand-alone and independent cell captives they own.” – Paul Halter CEO, Cimarron.