The appointment follows early momentum in 2024 and sets the stage for continued growth in 2025
Hadron, a modern insurance carrier setting a higher standard in delegated authority by enabling specialty underwriting teams to efficiently bring products to market while providing strong underwriting oversight and transparency to its risk capital providers, today announced that Colin Johnson has joined the company as CEO of Hadron's International operations.
Johnson's remit specifically includes oversight of Hadron UK Insurance Company (HUKIC), subject to regulatory approval, and its affiliates, with the aim of building a premier franchise serving the delegated authority market in the UK and EU. The appointment comes following Hadron's impressive inaugural year, with established and de novo programs onboarded and live across the US and UK, supported by a diverse and growing high-quality panel of reinsurance partners.
Before joining Hadron, Johnson served as CEO of Accredited Insurance (Europe) Limited ("AIEL"). During his tenure, Johnson helped build AIEL into a leading insurer of UK and EU program management business writing over an annual $1 bn GWP, across a diversified portfolio of quality MGAs.
As a result of Hadron’s quality programs, distribution partners, and reinsurers, as well as its robust operational platform, Hadron expects to write over $200M in business across its multiple platforms in calendar year 2024, with run-rate figures meaningfully higher heading into 2025. Hadron's strategy is marked by a disciplined yet pragmatic view of underwriting risk, the use of technology to drive efficiency and transparency, and close working relationships with its underwriting specialists and risk capital providers.
"Colin is an exceptional leader, and I am pleased to have him join our team to help accelerate our growth in the UK and other international markets in time," said Sam Reeder, CEO, Hadron. "As we look toward growing our business in 2025 and beyond, Colin's expertise will be invaluable to me and the rest of the team."
Hadron, backed by more than $250M in capital from Altamont Capital Partners and other institutional investors, was launched in the US in late 2023. Hadron provides both lead and primary insurance services as well as capacity to managing general agents (MGAs) or managing general underwriters (MGUs) that want to offer small-to-medium-sized businesses (SMBs) protection for risks that standard insurance carriers won't cover.
"I am delighted to join the team at Hadron and build on their already impressive momentum since launching," said Johnson. "I look forward to partnering with Sam and the rest of the team to help build out a diversified, broad strategy that targets mid-market specialty commercial MGAs and MGUs with mature operations and profitable portfolios."
Hadron designs optimal, efficient structures that support both rapid paths to market and long-term stability. For more information, or to get in touch, please visit our website.
About Hadron
Launched in 2023, Hadron provides insurance capacity to select MGUs sourcing specialty insurance coverages. Hadron is focused on empowering specialty insurance underwriters with flexible capacity and reinsurance solutions that address many deficiencies in the worldwide insurance model — from poor service to substandard data and technological efficiency and more.
The firm comprises Hadron Specialty Insurance Company, an Arkansas-domiciled carrier, and Hadron UK Insurance Company Limited, and is backed by over $250M in capital from Altamont Capital partners and other institutional investors. Hadron is rated A- (Excellent) from AM Best in Financial Size VIII. For more information, please visit www.hadroninsurance.com.
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Contacts
Fitz Barth
fitz@cmand.co
CMAND for Hadron Insurance