Ledgebrook specializes in general liability and professional liability insurance products, partnering with various carriers to bring solutions to the excess and surplus (E&S) market. The new funding will support the company’s continued growth by enabling it to hire additional talent, enhance its service-driven model for wholesale brokers, expand its product offerings, and increase its participation in risk retention on behalf of carrier partners.

Founder and CEO Gage Caligaris expressed enthusiasm about the company’s progress and its partnership with Stephens Group: “I’m really excited to deepen our collaboration with Stephens Group and the Stephens Family. Their fair, open, honest and long-term approach to business partnerships matches our own at Ledgebrook and has shone through since their initial investment last year. The round recognizes the momentum in our business. It positions Ledgebrook to truly establish itself as a premier E&S platform, known for consistent execution on our mission to delight wholesale brokers and for bringing together the best of insurance expertise and technology. I am proud of the backing we have from our existing and new investors and am incredibly grateful for their support.”

Ryan Morrow, Managing Director at Stephens Group, echoed the sentiment, calling Ledgebrook “a unique and truly impressive, founder-led platform in the attractive E&S marketplace with fantastic early momentum.” He added, “We look forward to a partnership with Gage and Ledgebrook for many years ahead. We and our co-investors could not be more excited to partner with the team as the business scales.”

With this latest capital infusion, Ledgebrook aims to further solidify its position in the competitive E&S space by leveraging technology, talent, and strong industry partnerships.