E&S carrier AM Specialty targets category VIII size with Stonybrook-led fundraise

Published: Wed 6 Sep 2023

E&S carrier and accredited reinsurer AM Specialty Insurance Company (ASIC) is working with Stonybrook Capital and Risk Management on a fundraise to take its capital base beyond $100mn and into AM Best’s financial size category VIII (8) as it looks to access a greater range of program opportunities,