Ambac Financial's Pivix Launches New E&S Casualty Program with Everspan

Reuters
2025/09/03
Ambac Financial's Pivix Launches New E&S Casualty Program with Everspan

Ambac Financial Group Inc.'s E&S MGA Pivix has introduced a new casualty program in collaboration with Everspan Group, a specialty property and casualty insurance platform with an A- ("Excellent") rating from AM Best. This initiative marks the first product from Pivix's newly established brokerage division, focusing on providing primary general liability coverage for industries such as contractors, real estate, hospitality, and manufacturing. The program, operating on an E&S basis, aims to leverage the growing opportunities in the wholesale market for E&S products. Pivix's partnership with Everspan is expected to enhance speed and efficiency for wholesale broker partners, capitalizing on Pivix's reputable underwriting expertise and service-oriented approach.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ambac Financial Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250903524270) on September 03, 2025, and is solely responsible for the information contained therein.

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