AM Best has assigned a financial strength rating of “A” (Excellent) and long-term issuer credit ratings of “a” (Excellent) to the new members of Builders Insurance Group
The Phoenix captive was started by a group of contractors
It has already licensed nine new captives this year
Stone Point Capital, a Connecticut-based private equity firm, has invested in South Carolina-based medical stop-loss captive platform, ClearPoint Health
Marsh has launched ReadyCell, an AI-powered risk financing solution
Hoomani has served as general counsel for the department since 2017
He will lead Pinnacle’s APEX captive operations
The institutions are Husson University in Maine and The Lawrenceville School in New Jersey
