Full-Time
Posted on 3/3/2025
Investment platform for insurance-linked securities
Expert
Remote in USA
The position can be fully remote or hybrid.
Ledger Investing provides a platform for qualified investors to invest in insurance-linked securities (ILS), which are tied to insurance risks. The company focuses on private placements, allowing unique investment opportunities that are not available on public markets, but these come with high risks and potential for significant losses. Ledger Investing facilitates transactions between insurers and investors, offering tools and information to assist in decision-making without giving specific investment advice. The goal is to connect institutional buyers, such as banks and hedge funds, with investment opportunities in the ILS market.
Company Size
51-200
Company Stage
Series B
Total Funding
$88.2M
Headquarters
New York City, New York
Founded
2016
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Remote team
Competitive compensation
Unlimited PTO
401k
Company retreats
Personal development
Comprehensive health coverage
Personal wellness
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.