The Andover Companies invests in Mereo Insurance

The Andover Companies  has made a strategic investment in Mereo Insurance , a Bermuda-based (re)insurance startup focused on property, casualty, and specialty lines.

Mereo, chaired by former AIG CEO Brian Duperreault, recently secured an A- rating from AM Best and is actively writing business for February reinsurance renewals.

This investment aligns with Andover’s strategy to diversify into new markets, leveraging Mereo’s experienced leadership and innovative capital strategies to expand its footprint in the global (re)insurance sector.