Transverse Insurance Group Hires Head of Business Development, Announces Class VIII Size Category

March 21, 2022 – Warren, NJ – Transverse Insurance Group (“Transverse”), a leading P&C hybrid fronting carrier with over $500 million in premium and an A- (excellent) rating from AM Best, adds industry veteran Paul Goodwin as Head of Business Development and confirms it has achieved Class VIII size category after closing an additional capital investment at the end of 2021.

A 30+ year industry expert, Paul is a veteran insurance and reinsurance business development professional. Paul joins from Partner Re where he served as Head of Americas Broker Relations and Senior VP for Global Clients. Paul previously spent most of his career with Munich Re where he focused on client and broker relationships.

Paul stated, “I am excited to join Transverse Insurance Group and be part of such a dynamic organization. The Transverse ecosystem approach to the hybrid-fronting model will continue to shape the insurance industry and be instrumental to the way that Program business is done. More importantly, I believe the culture and business approach that Transverse brings to the table makes the firm an outstanding choice for program managers and reinsurers.”

“Paul brings a wealth of experience and capability to Transverse. We are excited to build on our current momentum and further strengthen our commitment to our MGA and reinsurance partners”, said Dave Paulsson, President.

About Transverse Insurance Group (Transverse)

Transverse Insurance Group is a hybrid fronting carrier serving the program, MGA, and reinsurance markets with offices in New York, New Jersey, and Texas. Transverse is backed by Virgo Investment Group and partner investors. Founded in 2018 by Erik Matson, CEO, and Dave Paulsson, President, Transverse is a global facilitator connecting and enabling partners through access to risk capacity and alternative capital on admitted and surplus lines paper.

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Media Contact:

Alexandra Akins