Experienced partner of choice to the mutual insurance industry.
We form strategic partnership with mutual insurers to support new business initiatives, launch joint ventures to collaborate on investment opportunities, and serve as a strategic capital partner to support transformative growth initiatives. Leveraging our deep vertical expertise, strategic & operational insights, and the Bain Capital global investment platform, our team has significant experience delivering the capital, growth, and investment solutions to drive change and build great companies for mutual insurers and their members.
Pioneering platforms in often overlooked, fragmented, and niche sub-sectors through distinct synergies and scale advantages.
Platform Creation involves growing companies — often in overlooked, fragmented, and niche sub-sectors — through distinct synergies and scale advantages. Extensive operational intervention is typically required to create these platforms, with the goal of improving pricing, growth and productivity, and ultimately, valuations and ratings. We believe this strategy is particularly relevant today as many insurance companies are seeking to combat declining profitability and other inefficiencies.
Tactical / Capacity
Opportunities stemming from event-driven catalysts or other capacity-driven supply / demand imbalances.
Tactical / Capacity-Driven Transactions arise from event-driven catalysts (e.g., catastrophic weather event, financial crisis, COVID-19) or other capacity-driven supply/demand imbalances, particularly in specialized, misunderstood, complex or new insurance niches. These dislocations are often followed by extended periods of time where new capacity, free of the legacy issues which initially created the dislocation, can earn excess returns and achieve premium valuations.
Investments in the form of corporate partnerships, complex carve-outs, and distressed situations.
Corporate Restructurings typically take the form of corporate partnerships, complex carve-outs, and distressed situations driven by strategic change, capital redeployment (e.g., divestiture of highly capital consumptive blocks of business), company mismanagement, regulatory complexity and other events.