Specialty re/insurer SiriusPoint has made an undisclosed investment in managing general agent (MGA) platform Samos Insurance.

Samos is engaged in offering risk management and Accident Death and Dismemberment (AD&D) insurance solutions. 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The MGA was established as the ‘first on-demand’ AD&D insurance for elective surgeries in the US and Canada to provide cover in case of accidental death during surgery.

Samos’ offering covers planned surgeries such as heart surgery, caesarean sections, joint replacement, and cancer diagnostic procedure. 

SiriusPoint US head of accident & health Tom Leonardo said: “The company offers a tech-based insurance and risk management product that deals with a real problem faced by many people going into hospital.”

The policies cover the insured from admission to discharge and will be offered via urgent care and hospitals for the accident-based offerings. 

SiriusPoint chief operating officer and president of insurance & services Prashanth Gangu said: “Samos is a technology-based MGA which launched with a unique and client-focused product. This kind of pioneering, solution-based insurance is a perfect fit for SiriusPoint’s partnership and investment profile.”

Samos founder and CEO Eric Blondee said: “We are delighted to have SiriusPoint as an investor. They will be able to support the company and help direct the product and the process – getting our services to the people that need it the most. SiriusPoint will be fundamental in our growth process.” In April this year, SiriusPoint invested in insurance technology company Broker Buddha.