Specialty insurer providing insurance and reinsurance solutions for niche markets.
James River Group Holdings, Ltd. stands as a prominent provider of specialty insurance and reinsurance services within the United States market. Established in 2002 and headquartered in Pembroke, Bermuda, the company operates through three distinct segments: Excess and Surplus Lines, Specialty Admitted Insurance, and Casualty Reinsurance. The Excess and Surplus Lines segment focuses on underwriting property and liability insurance on an excess and surplus commercial lines basis across all states and the District of Columbia. This segment primarily distributes its insurance products through wholesale insurance brokers, targeting niche markets and unique insurance needs.
The Specialty Admitted Insurance segment offered by James River Group Holdings, Ltd. includes a diverse range of coverage options such as workers' compensation for various industries including building trades, healthcare, light manufacturing, specialty transportation, and agriculture. Additionally, this segment engages in fronting and program business, enhancing its capability to cater to specialized insurance requirements. The Casualty Reinsurance segment provides proportional and working layer casualty reinsurance solutions to third parties and other insurance companies, further bolstering the company's strategic footprint in the reinsurance market.
With a commitment to delivering tailored insurance solutions and risk management expertise, James River Group Holdings, Ltd. continues to expand its presence and capabilities across the insurance landscape. Its comprehensive approach to underwriting and reinsurance services, coupled with a focus on niche markets and specialty lines, positions the company as a key player in meeting the evolving needs of clients seeking robust insurance coverage and risk management solutions in the United States and beyond.