Stone Point Capital

Stone Point Capital LLC, established in 2005, is a private equity firm headquartered in Greenwich, Connecticut, with an additional office in New York. It specializes in investing in the global financial services industry, with a focus on mature, middle market companies. The firm seeks control or substantial minority positions in its portfolio companies, typically investing between $5 million and $500 million, and has an investment horizon of five to ten years or more. Stone Point Capital's strategy involves identifying opportunities in sectors such as insurance, banking, asset management, and healthcare services, often involving supply and demand imbalances, restructurings, distressed assets, and special situations. The firm was formerly known as MMC Capital, Inc.

Darran Baird

Managing Director

Scott Bronner

Managing Director, Credit and Board Member

Kyle Buseck

Associate

Molly Carpenter

Associate

Haley Click

Associate

John Coghlin JD

Principal

Chuck Davis

Chairman and CEO

Charles A. Davis

Chairman and Co-CEO

Nikhil Dixit

Director

Christopher Doody

Managing Director

Bruce Ferland

Principal

Ivan Flores

Managing Director and Director, Information Technology

Calvin Gaines

Associate

Richard Goldman

CFO and Managing Director

Spencer Holtzman

Director

Harrison Hunter

Managing Director

Fazle Husain

Associate

Fazle Husain

Senior Associate

Agha Khan

Managing Director and Co-Head of Private Equity

Connor Lees

Analyst

Jarryd Levine

Managing Director

Greg Lim

Director

Clarinda Lim

Managing Director

Chip Mahoney

Managing Director

Joseph Makkar

Analyst

James Matthews

Managing Director

Zachary Moelchert

Analyst

Deva Mohammad

Associate

Michael Perez

Managing Director and Member of Stone Point Credit Team

Susie Pratt

Associate

Teddy Price

Associate

Carlos Raedler

Associate

Andrew Reutter

Managing Director and leads Capital Markets

Justin Rispler

Managing Director

David Rogers

Director

Eric Rosenzweig

Managing Director

William Santaniello

Director and Controller

Dhruv Sarna

Managing Director

Alex Sarnoff

Vice President

Lauren Seidman

Managing Director

Rory Shaw

Director

Chris Timchak

Managing Director

Walter Tomasino

Associate

Amy Tran

Vice President

Adam Tuckman

Managing Director and Member of Stone Point Credit Team

Ian Uriguen

Vice President

Seth Weisberg

Vice President

Jack Wendler

Vice President

Nicholas Zacchilli

Vice President

Nicolas Zerbib

Chief Investment Officer, Managing Director, IC Member and Member of the Investment Committees of the Trident Funds

Past deals in Insurance Brokers

The Ardonagh Group

Private Equity Round in 2024
The Ardonagh Group is a prominent provider of insurance brokerage services, operating across the entire insurance value chain in the United Kingdom, Ireland, and international markets. The company integrates leading businesses in the insurance sector to develop a cohesive vision for the industry. It offers a diverse array of insurance-related products and services, catering to a wide clientele that includes complex multinational corporations and individual consumers seeking personal insurance solutions. By collaborating with various insurer partners, The Ardonagh Group delivers a comprehensive range of products and risk solutions designed to meet the specific needs of its customers.

Truist Insurance Holdings

Acquisition in 2024
Truist Insurance Holdings is a subsidiary of Truist Financial Corporation and the sixth-largest insurance brokerage.

ClearPoint Health

Private Equity Round in 2024
ClearPoint Health is a provider of health-benefit solutions designed specifically for small to mid-sized enterprises. The company operates a self-funded platform that utilizes the collective strength of a community of businesses to offer significant discounts on medical stop-loss insurance, provider networks, and cost-containment services. ClearPoint Health focuses on facilitating the transition to transparent, affordable, and clinically integrated employee health benefits. Additionally, the company provides member navigation tools to assist employers and benefit advisors in managing health benefits effectively, ensuring that employees receive quality care while optimizing costs.

Truist Insurance Holdings

Secondary Market in 2023
Truist Insurance Holdings is a subsidiary of Truist Financial Corporation and the sixth-largest insurance brokerage.

Covr Financial Technologies

Series B in 2022
Covr Financial Technologies, Inc. is a digitally enabled brokerage general agency based in Boise, Idaho, founded in 2013. The company specializes in providing life, long-term care, and disability insurance solutions tailored for financial institutions, advisors, and their clients. Covr offers a suite of digital platforms, including Covr Advisor, which helps financial advisors meet their clients' insurance needs by selecting appropriate products; Covr Consumer, which allows banks and credit unions to sell life insurance directly to customers; and Covr Insights, a tool for managing and analyzing existing life insurance policies. The company serves over 24,000 financial advisors and 13 million customers across 30 financial institutions, facilitating a simplified and efficient sales process for life insurance products.

Allied Benefit Systems

Private Equity Round in 2021
Allied Benefit Systems is a national healthcare solutions company founded in 1980, recognized as one of the largest independent third-party administrators in the United States. The company specializes in providing customized benefits and medical management strategies for self-insured employer groups, allowing employers to tailor insurance products to meet the unique needs of their workforce. Allied focuses on integrating innovative medical management and cost-control strategies, offering diverse network options and pharmacy care management to help clients reduce expenses while enhancing member satisfaction. By fostering healthy workplace cultures, Allied enables employers to protect their employees and their families without compromising on quality or affordability.

Genex Services

Acquisition in 2018
GENEX Services, Inc. is a provider of managed care services based in Wayne, Pennsylvania, specializing in workers' compensation and disability management solutions. Founded in 1978, the company offers a diverse range of services, including catastrophic and vocational case management, utilization review, independent medical examinations, and pharmacy benefit management. GENEX also delivers medical cost containment solutions through services such as bill negotiation, medical review, and access to extensive provider networks. Additionally, the firm offers social security representation and specialized non-occupational disability management for employers, alongside integrated risk management solutions that encompass claims analysis and predictive modeling. Serving a wide array of clients, including insurers, managed care organizations, and employers, GENEX leverages intelligent systems and data analysis to improve the care and outcomes for injured and disabled employees across North America, including the United States, Puerto Rico, and Canada.

Alliant Insurance Services

Funding Round in 2015
Alliant Insurance Services is an insurance brokerage firm that specializes in providing a range of insurance and risk management solutions across various industries, including agriculture, aviation, construction, energy, and finance. The company offers property and casualty insurance, as well as workers’ compensation and employee benefits services. Its comprehensive portfolio includes risk management, life insurance, retirement and savings programs, and specialized coverage for Native American tribal and casino gaming operations. By distributing diversified insurance products and consulting services, Alliant aims to enhance the effectiveness and value of its clients' insurance and employee benefits programs.

Enstar Group

Acquisition in 2012
Enstar Group is a specialized insurance and reinsurance company focused on acquiring and managing firms and portfolios in run-off. The company provides a range of services, including management consulting, claims inspection, and reinsurance collection, primarily serving multinational clients across Bermuda, the United States, the United Kingdom, Australia, and Europe. Enstar Group aims to create value through its diverse segments, which include Run-off, Assumed Life, Investments, and Legacy Underwriting, while seeking attractive risk-adjusted returns from its investment portfolio. Originally known as Castlewood Holdings Limited, the company rebranded to Enstar Group Limited following its merger with The Enstar Group, Inc. in January 2007.

James River Group Holdings

Seed Round in 2002
James River Group Holdings, Ltd., established in 2002, is a Bermuda-based company that specializes in providing specialty insurance and reinsurance services in the United States. It operates through three primary segments: Excess and Surplus Lines, Specialty Admitted Insurance, and Casualty Reinsurance. The Excess and Surplus Lines segment focuses on underwriting liability and property insurance for small to medium-sized commercial accounts, distributed primarily through wholesale insurance brokers. The Specialty Admitted Insurance segment offers workers' compensation coverage for various industries and fronting business, while the Casualty Reinsurance segment provides proportional and working layer casualty reinsurance to unaffiliated insurance companies. The company aims to generate profits through underwriting and risk-adjusted investment returns while managing its capital effectively.
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