Transverse Insurance Group
Information by Research Trustfinance
Founded in 2018, Transverse Insurance Group operates as a "hybrid fronting carrier," a specialized type of insurance company. Its primary business is to partner with program administrators, MGAs, and reinsurers, enabling them to bring their insurance products to the U.S. market. Transverse provides the necessary licensed and A.M. Best-rated "A" (Excellent) insurance paper on both an admitted and non-admitted basis. In early 2024, the company was acquired by Mitsui Sumitomo Insurance (MSI), a member of the global MS&AD Insurance Group, and began operating under the brand name MSIG Transverse, combining its innovative platform with the financial strength of its new parent company.
United States
Industry
- InsurancePRIMARY
- Wealth Management
Financial
HQ Location