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Ledger Investing
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Investment platform for insurance-linked securities
Ledger Investing
Work Here?
Investment platform for insurance-linked securities
About Ledger Investing
Industries
Fintech
Financial Services
Company Size
11-50
Company Stage
Series B
Total Funding
$90.6M
Headquarters
New York City, New York
Founded
2016
Overview
Ledger Investing operates in the insurance-linked securities (ILS) market, providing a platform for qualified investors to invest in securities tied to insurance risks. These investors typically include institutional buyers like banks, hedge funds, and pension funds. The company focuses on private placements of securities, which are sold directly to investors rather than on public exchanges, allowing for unique investment opportunities not found in traditional markets. However, these investments come with a high level of risk and can lead to significant losses. Ledger Investing generates revenue by facilitating transactions between insurers and investors, offering tools and information to help investors make informed decisions without providing specific investment recommendations. The investments are considered risky and illiquid, making them suitable only for those who can afford to lose their entire investment and do not require quick access to cash.
Simplify's Take
What believers are saying
- Growing interest in casualty ILS attracts diverse institutional investors.
- Successful $250M casualty ILS transaction enhances asset class liquidity.
- New Cayman-based subsidiaries boost capabilities in casualty ILS market.
What critics are saying
- Increased competition in the ILS market may affect market share.
- Regulatory scrutiny could raise compliance costs for Ledger Investing.
- Reliance on institutional investors exposes the company to market volatility.
What makes Ledger Investing unique
- Ledger Investing pioneers the securitization of casualty insurance risks since 2019.
- The company offers a unique platform for investing in insurance-linked securities.
- Ledger Investing's private placement model provides exclusive investment opportunities.
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Funding
Total Funding
$90.6M
Above
Industry Average
Funded Over
3 Rounds
AccelIndustry standards
Benefits
Remote team
Competitive compensation
Unlimited PTO
401k
Company retreats
Personal development
Comprehensive health coverage
Personal wellness
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 4%Ledger Investing, a marketplace to bridge the gap between insurance risk and capital, has raised funding and unveiled a casualty sidecar facility.
Ledger Investing, an insurtech and insurance-linked securities (ILS) focused venture-backed company, has expanded its casualty ILS capabilities with the launch of two new Cayman-based subsidiaries.
Establishment of new subsidiaries and agreement signifies watershed moment for maturation of casualty ILS marketNEW YORK, Aug. 6, 2024 /PRNewswire/ -- Ledger Investing, the leading marketplace connecting insurance risk to capital, announced today an expansion of its capabilities within the casualty insurance-linked securities (ILS) market with the launch of two new Cayman-based subsidiaries: Ledger Re SPC, a reinsurer providing institutional investors access to casualty ILS, and Ledger ILS Services, a provider of underwriting and risk management services. Ledger Investing has pioneered the development of casualty ILS since its founding in 2017 and the formation of these business segments further cements its leading role in helping managing general agents (MGAs) and (re)insurers source capital in the ILS market.In another sign of the company's momentum, Ledger Investing is also delighted to announce that the casualty ILS funds previously managed by Ledger, will now be managed by the casualty team at Fermat, leveraging Fermat's extensive experience in ILS asset management. Ledger Investing will continue to provide support services for those underlying casualty ILS investments.John Seo, Managing Director and Co-Founder of Fermat, emphasized the value of casualty ILS as an asset class: "Fermat continues to see growing investor appetite for alternative fixed income investments. Given the portfolio diversification benefits of casualty ILS, we anticipate broad investor interest, ranging from pension plans seeking income to private credit managers looking for diversification."Since its first transaction in 2019, Ledger Investing has been at the forefront of extending the use of ILS markets to finance casualty insurance risks. The company has brought scale and maturity to the casualty ILS market and serves as the premier gateway for insurers, reinsurers, and MGAs to connect with ILS capital."These milestones are a pivotal moment in the growth of the casualty ILS market," said Samir Shah, CEO of Ledger Investing
Private equity firm Altamont Capital Partners has added Brad Fischtrom, previously Chief Operating Officer of insurance technology (insurtech) and insurance-linked securities (ILS) focused company, Ledger Investing, as an Operating Partner with a focus on investments in the property and casualty (P&C) insurance space.
Industry veteran Amy Stern joins Ledger Investing as Chief Executive, Reinsurance.
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About Ledger Investing
Industries
Fintech
Financial Services
Company Size
11-50
Company Stage
Series B
Total Funding
$90.6M
Headquarters
New York City, New York
Founded
2016
Ledger Investing is Hiring for 1 Jobs on Simplify!
Find jobs on Simplify and start your career today