else Group bolsters its MGA Buy-and-Build global strategy with launch of Peloton Underwriting
The newly formed MGA platform Peloton Underwriting combines else Group Buy-and-Build global MGA with the insurtech platform: ATOM.
London, United Kingdom, 6 June 2023: Else Holding, the holding company that owns elseco (high technology specialty MGA), Peloton Underwriting (Buy-and-Build global MGA), and ATOM technology platform, announces today the launch of its MGA buy-and-build platform.
else Group’s global reach is enabled by its local presence in the United Kingdom, Switzerland, France, Sweden, United Arab Emirates, and United States. The group operates through three business pillars:
elseco: Dubai-headquartered MGA, elseco, is the underwriting specialist for high-technology risks. The company harnesses continual product innovation, data-centric insights and a curiosity-led approach to create relevant insurance solutions across the globe. elseco runs on ATOM insurance operating system.
Peloton Underwriting: London-headquartered buy-and-build MGA platform operating on ATOM insurance operating system with a local presence in France, UK, US and Sweden.
ATOM Insurance Operating System: a technology platform enabling MGAs to run efficiently and develop tools and models to quantify, forecast and underwrite complex, rapidly evolving risks, while constantly researching for improvements.
else Group CEO & Founder, Laurent Lemaire, commented:
“We are excited to welcome Don together with the MRP business. Our technology, growth ambitions and Don’s clear vision to expand the frontier of specialty underwriting are an ideal match. Don is an outstanding leader who I am looking forward to working with as we continue our international expansion.”
About the else Group
The else Group comprises three pillars: ATOM, elseco and the newly formed Peloton Underwriting Buy-and-Build MGA platform.
ATOM is an Insurtech platform, providing “the most advanced underwriting system” to its clients. elseco is a global high technology specialty MGA, established in 2006 and supported by more than 50 insurance and reinsurance companies including Lloyd’s syndicates currently trading on the platform.Peloton Underwriting, its global Buy-and-Build MGA platform, using the infrastructure and methods developed by the else Group to accelerate its growth.
else Group’s global reach is enabled by its local presence in London, Zurich, Paris, Dubai, Washington DC, and Tyresö.
PR Contacts
Romain Loubeyre
else Group
romain.loubeyre@elseholdco.com
+971 566 556 723
Helen Wright
Lysander PR
helen@lysanderpr.com
+44 7842 729 579
elseco Press Office
pressoffice@else.co