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Spinnaker - About the company

Spinnaker is an acquired company based in Morristown (United States), founded in 2014. It operates as a Program insurance experts providing strategic solutions and unparalleled partnership. The company has 445 active competitors, including 6 funded and 126 that have exited. Its top competitors include companies like National General Insurance, First American and Travelers.

Company Details

Program insurance experts providing strategic solutions and unparalleled partnership. The company underwrites personal and commercial lines, offering strategic insurance solutions to Managing General Agencies (MGA), Program Administrators (PA), and Insurtech companies. They provide access to the reinsurance market, focusing on building long-term partnerships. They are a national property and casualty insurance company, reinventing program insurance through nimble processes and elevated partnership standards. They offer both admitted and nonadmitted business opportunities. The company focuses on innovation and integrity, building value and excellence in the insurance industry. They provide resources for policyholders and industry partners, aiming to deliver solutions to the marketplace.
Email ID
*****@spinnakerins.com
Key Metrics
Founded Year
2014
Location
Morristown, United States
Stage
Acquired
Investors
Ranked
Employee Count
40 as on Sep 30, 2026
Exit Details
Acquired by Hippo (Jun 03, 2020)

Spinnaker's acquisition details

Spinnaker got acquired by Hippo on Jun 03, 2020.
Click here to take a look at Spinnaker's acquisition in detail
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Spinnaker's funding and investors

Spinnaker is a funded company. Spinnaker has 1 institutional investor.

Spinnaker's founders and board of directors

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Spinnaker's employee count trend

Spinnaker has 40 employees as of Sep 26. Here is Spinnaker's employee count trend over the years:
Employee count trend for Spinnaker
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Spinnaker's Competitors and alternates

Top competitors of Spinnaker include National General Insurance, First American and Travelers. Here is the list of Top 10 competitors of Spinnaker, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for National General Insurance
National General Insurance
1939, New York City (United States), Acquired
Home and auto coverage from a trusted Allstate company
$229M
75/100
2nd
Logo for First American
First American
1889, Santa Ana (United States), Public
Insurance and settlement services company
-
71/100
3rd
Logo for Travelers
Travelers
1853, Hartford (United States), Public
Insurance company
-
67/100
4th
Logo for The Hartford
The Hartford
1810, Hartford (United States), Public
Financial services company
-
67/100
5th
Logo for AmTrust Financial
AmTrust Financial
1998, New York City (United States), Public
Property and casualty insurance company
-
66/100
6th
Provider of insurance brokerage services
-
-
63/100
7th
Logo for Arch Capital Group
Arch Capital Group
2001, White Plains (United States), Public
P&C diversified insurer
-
61/100
8th
Logo for GEICO
GEICO
1936, Tucson (United States), Acquired
Insurance provider offering diverse coverage options for vehicles, property, and businesses
-
-
60/100
9th
Logo for Selective Insurance Group
Selective Insurance Group
1926, Branchville (United States), Public
Property & casualty insurance company
-
-
60/100
10th
Logo for Safeco
Safeco
1923, Boston (United States), Acquired
Insurance provider offering auto, home, and other personal and commercial coverage
-
-
60/100
61st
Logo for Spinnaker
Spinnaker
2014, Morristown (United States), Acquired
Program insurance experts providing strategic solutions and unparalleled partnership
-
38/100
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Spinnaker's Investments and acquisitions

Spinnaker has made no investments or acquisitions yet.

Reports related to Spinnaker

Here is the latest report on Spinnaker's sector:

News related to Spinnaker

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Media has covered Spinnaker for 1 event in last 1 year.
•
Hippo completes $110m debut catastrophe bondReinsurance News•Jun 01, 2023•Spinnaker
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