Brad J. Sickinger, President of Pinpoint USA, commented: “We are thrilled to join AM Specialty Insurance Group. This partnership marks a milestone in our journey, aligning our innovative approaches with a company that has a strong reputation in specialty insurance markets. Together, we will drive greater innovation and value for our clients.”
Sickinger will remain in his position leading Pinpoint, bringing his extensive industry experience from previous roles at Allianz AGCS, Willis HRH, Marsh, and AIG.
Shevawn Barder, CEO of AM Holding Company, added: “This acquisition represents a significant step forward for us in enhancing our specialized insurance offerings. Pinpoint’s expertise complements our strategic vision, allowing us to broaden our reach and deepen our capabilities in key niche markets.”
ASIC also announced it is expanding beyond the US by launching Pinpoint UK in London. Darren Powell will serve as Chief Underwriting Officer, beginning in September 2024. He brings over 30 years of experience from RSA and Allied World.
Powell noted: “The impressive technology, wealth of data, and strong entrepreneurial leadership of AM Specialty combine powerfully with Pinpoint customer solutions. I am very excited to be leading the expansion into the UK at this important stage in the development of the business.”
The operations of Pinpoint UK will be overseen by Shaun Packman, who brings over 40 years of experience in Marine and Aviation business lines.
