Waypoint Underwriting Management partners with CompSource Mutual Insurance Company

Waypoint Underwriting Management, a specialty reinsurance managing general underwriter, announced a partnership with CompSource Mutual Insurance Company, a provider of workers’ compensation insurance.

Under the agreement, Waypoint will underwrite a tailored portfolio of property, casualty, and workers’ compensation treaty reinsurance that aligns with CompSource Mutual’s risk tolerance and portfolio composition.

“I am thrilled to announce our strategic partnership with Waypoint, a collaboration that underscores CompSource Mutual’s robust financial health and forward-looking vision. Our future strategy revolves around harnessing the strength of dynamic partnerships to enhance our financial resilience, expand our surplus, and diversify our revenue streams. This partnership with Waypoint is a cornerstone of that strategy, and I eagerly anticipate the positive outcomes we will achieve together.” Jason Denechaud, Managing Partner at Waypoint echoed the sentiment, stating, “CompSource Mutual’s well-deserved reputation for excellence and unwavering dedication to customer satisfaction make them an ideal partner for Waypoint. Combining Waypoint’s reinsurance expertise with CompSource Mutual’s financial strength and strategic growth objectives establishes a strong and complementary foundation for this partnership.” – CompSource Mutual CEO, Trey Ingram.

”This partnership signifies the culmination of a long-standing collaborative relationship between the senior leadership teams at Waypoint and CompSource Mutual. It underscores our shared values of innovation, integrity, and unwavering commitment to client success.” – Joseph Horan, Managing Partner at Waypoint.