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Imperium Insurance Company
Imperium Insurance Company is a US-based insurance company headquartered in New York. It oversees approximately $741 million in assets across one fund,...
Imperium Insurance Company
Imperium Insurance Company is a US-based insurance company headquartered in New York. It oversees approximately $741 million in assets across one fund, primarily focused on North America.
General information
Firm type
Insurance
Year founded
1977
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Principals
Andrew S. Robinson
Chairman and CEO
Mark Haushill
CFO
Sector focus
Frequently asked questions
What is the relationship between Imperium Insurance Company and Skyward Specialty Insurance Group?
Imperium Insurance Company is a wholly owned subsidiary of Skyward Specialty Insurance Group, the publicly traded holding company (Nasdaq: SKWD). Imperium serves as one of the primary admitted insurance carriers within the group's organizational structure, writing specialty property and casualty coverage alongside its surplus-lines affiliate, Great Midwest Insurance Company. The holding company structure consolidated several previously separate underwriting platforms that Andrew Robinson assembled starting with the acquisition of Houston International Insurance Group.
Who holds the voting control and major equity stakes in Imperium?
Skyward Specialty Insurance Group is the sole parent of Imperium Insurance Company. The Westaim Corporation, a Toronto-listed investment firm, has historically been the largest shareholder of Skyward and was the lead investor in the original consortium that acquired the predecessor entity. Andrew Robinson, the founder and CEO, holds meaningful equity in Skyward alongside other institutional shareholders following the firm's January 2023 IPO on Nasdaq.
What lines of business does Imperium underwrite?
Imperium writes specialty property and casualty coverage on an admitted basis, with particular focus on construction liability, transportation, and professional liability lines. The firm underwrites through a network of program administrators and managing general agents rather than through a large direct sales force. Its surplus-lines affiliate, Great Midwest Insurance Company, provides the non-admitted paper for risks that fall outside standard market appetite.
How does Imperium source its underwriting opportunities?
Imperium sources business through program administrators and wholesale brokers, particularly in specialty niches like construction, rigging, and transportation. The firm is a carrier partner in the Target Markets Program Administrators Association and a member of the Specialized Carriers & Rigging Association, two key distribution hubs for the types of specialty risk that Imperium targets. Andrew Robinson's seat on the Insurance Insider US Executive Business Club further strengthens the firm's placement with program-level distribution partners.
Is Imperium a stock company, mutual, or reciprocal insurer?
Imperium Insurance Company is structured as a stock insurance company and a wholly owned subsidiary of a publicly traded holding company, Skyward Specialty Insurance Group (Nasdaq: SKWD). It is not a mutual insurer, meaning policyholders do not hold ownership rights. The public-company structure gives Imperium access to equity capital markets that mutual and reciprocal carriers cannot tap for growth and reserve strengthening.
What is the significance of Great Midwest Insurance Company within the Imperium architecture?
Great Midwest Insurance Company operates as Imperium's sister subsidiary within the Skyward Specialty Insurance Group. It is a non-admitted, surplus-lines carrier that writes risks Imperium cannot accommodate on standard admitted paper. This dual-carrier structure — one admitted, one surplus-lines — allows the group to cover a broader risk spectrum without being constrained by the rate-and-form filing requirements that govern the admitted market.
How does the Skyward Foundation relate to Imperium's operations?
The Skyward Foundation is the philanthropic arm of the broader Skyward Specialty Insurance Group. It is a separate legal entity from Imperium Insurance Company and is not funded directly by policyholder surplus. The foundation represents the corporate giving channel for the group, administered from the Houston headquarters, with no commingling of insurance reserves.
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