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.
- Website
- spinnakerins.com
- Email ID
- *****@spinnakerins.com
Key Metrics
Founded Year
2014
Location
Morristown, United States
Stage
Acquired
Investors
Ranked
61st among 445 active competitors
Employee Count
40 as on Sep 30, 2026
Similar Companies
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.
View details of Spinnaker's funding rounds and investors
Spinnaker's founders and board of directors
Founder? Claim ProfileSpinnaker's employee count trend
Spinnaker has 40 employees as of Sep 26. Here is Spinnaker's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | National General Insurance 1939, New York City (United States), Acquired | Home and auto coverage from a trusted Allstate company | $229M | 75/100 | |
2nd | First American 1889, Santa Ana (United States), Public | Insurance and settlement services company | - | 71/100 | |
3rd | Travelers 1853, Hartford (United States), Public | Insurance company | - | 67/100 | |
4th | The Hartford 1810, Hartford (United States), Public | Financial services company | - | 67/100 | |
5th | AmTrust Financial 1998, New York City (United States), Public | Property and casualty insurance company | - | 66/100 | |
6th | The Hanover Insurance Group 1852, Worcester (United States), Public | Provider of insurance brokerage services | - | - | 63/100 |
7th | Arch Capital Group 2001, White Plains (United States), Public | P&C diversified insurer | - | 61/100 | |
8th | GEICO 1936, Tucson (United States), Acquired | Insurance provider offering diverse coverage options for vehicles, property, and businesses | - | - | 60/100 |
9th | Selective Insurance Group 1926, Branchville (United States), Public | Property & casualty insurance company | - | - | 60/100 |
10th | Safeco 1923, Boston (United States), Acquired | Insurance provider offering auto, home, and other personal and commercial coverage | - | - | 60/100 |
61st | Spinnaker 2014, Morristown (United States), Acquired | Program insurance experts providing strategic solutions and unparalleled partnership | - | 38/100 |
Looking for more details on Spinnaker's competitors? Click here to see the top ones
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
Media has covered Spinnaker for 1 event in last 1 year.
•
Spinnaker targets lower pricing for new $100m Mountain Re 2026-1 cat bondArtemis•May 08, 2026•Spinnaker
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AM Specialty Insurance Promotes Anne Hoffmans to EVP of Program UnderwritingReinsurance News•Apr 04, 2025•AM Specialty Insurance Company, Spinnaker
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Parametric tornado insurance launched by Beazley, Sola & SpinnakerArtemis•Aug 31, 2023•Beazley, Spinnaker, Sola Technology
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Spinnaker secures $110m debut Mountain Re cat bond with top-end pricingArtemis•May 24, 2023•Spinnaker
•
Spinnaker appoints Charles Valinotti as Chief Program and Underwriting OfficerReinsurance News•Apr 05, 2023•Spinnaker, QBE Group
•
AM Specialty bolsters underwriting operation with senior hiresReinsurance News•Jan 18, 2023•AM Specialty Insurance Company, Spinnaker
•
AM Best Affirms Credit Ratings of Members of Spinnaker Insurance GroupBusiness Wire•Dec 02, 2022•AM Best, Spinnaker
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Spinnaker Insurance Company Names Risk Veteran Torben Ostergaard as CEOAiThority•May 17, 2021•Spinnaker, USAA
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