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Paragon Insurance Holdings provides specialty program administration for retail brokers and carrier partners. It offers a range of workers’ compensation and niche programs (including Auto Dealership, Golf Course, Pest Control, Rental Equipment, Habitation, Septic/Portable Sanitation, Propane, Home Heating Oil and School Bus) through a narrow distribution model that aligns multiple parties and drives stable, tailored insurance programs. The company sources programs via strategic trading partners and then handles the operational work—underwriting, administration, and service—so brokers and carriers can focus on growth. This makes Paragon different from others by emphasizing long-standing relationships, deep market knowledge, and strong service capabilities over broad, generic product lines. The goal is to improve the business of retail brokers and carrier partners by delivering consistent, specialized programs with strong support and execution.
Industries
Consulting
Financial Services
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
Avon, Connecticut
Founded
2014
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Health Insurance
401(k) Retirement Plan
Tuition Reimbursement
Paragon Insurance Holdings, a managing general agent, has appointed Maheswaran Sudagar as its chief actuary.
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AVON, Conn.--(BUSINESS WIRE)--Paragon Insurance Holdings, LLC, (“Paragon”) a national multi-line managing general agent, today announces a partnership with Ascot Group, a leading global provider of specialty insurance, reinsurance and underwriting services. This collaboration leverages both companies’ strengths and unique capacities to deliver exceptional services tailored to niche markets. In its first program partnership, Ascot will support Paragon’s public entity casualty insurance program, Trident Public Risk Solutions (“Trident”), combining Paragon’s proficiency in tailored underwriting and specialty insurance with Ascot's extensive and diverse global portfolio. “Ascot forms strategic partnerships with discerning MGA/MGUs such as Paragon because we understand the value of their specific underwriting technology and capabilities to fill unique coverage needs in the market. We look forward to beginning our partnership on Trident’s Casualty program as we work together to deliver client solutions,” said Matt Kramer, CEO of Ascot U.S
Insurtech leader Kalepa announced today that Paragon Insurance Holdings LLC, one of the fastest growing national multi-line MGAs, has expanded its use of Kalepa’s AI-powered Copilot underwriting platform to support its Workers’ Compensation, Specialty Property, Small Construction and Contractors, and Auto Dealers programs.Paragon had initially deployed and expanded their use of Copilot in the summer of 2023. The expansion to supporting four other programs is a testament to Copilot’s ability to deliver underwriting excellence across all commercial lines of business.Ron Ganiats, CEO of Paragon, expressed his enthusiasm for the expanded collaboration, stating, “At Paragon, we are committed to providing revolutionary solutions with the best service in the industry, and Copilot is the platform we trust to deliver on that promise. Our partnership with Kalepa allows us to harness their groundbreaking technology to drive unparalleled excellence and efficiency across lines of business.”Robert Etzler, EVP and Head of Workers’ Compensation at Paragon, noted the value of Kalepa’s platform in enhancing their underwriting operations, remarking, “Kalepa’s Copilot platform is a game-changer for workers’ compensation. With its trailblazing capabilities, we can make informed decisions swiftly and accurately. Our underwriters can focus on the most attractive opportunities and benefit from significant operational efficiencies.”Brian Weber, EVP and Head of Auto Dealers at Paragon, highlighted that Copilot-driven improvements to risk selection and exposure review enable his team to deliver consistent value to their insureds and distribution partners. “Copilot serves as a one-stop-shop for our underwriters, compiling critical information in one place so they can provide accurate quotes
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Industries
Consulting
Financial Services
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
Avon, Connecticut
Founded
2014
Find jobs on Simplify and start your career today