Luminor Risk, a managing general agent specializing in the U.S. excess and surplus property market, announced its official launch on May 28 with backing from investment and technology firm D.E. Shaw group.
Luminor was co-founded by three underwriting leaders:
Matt Booker will be Luminor’s chief executive officer. He most recently was executive vice president and underwriting manager for property and inland marine at Chubb’s Westchester. He has also worked at Chubb, Ace, XL, and Munich Re.
Bradley Winfield is co-chief operating officer. He was head of U.S. property, marine, and programs at Canopius USA, where he launched and scaled the Lloyd’s Syndicate 4444 platform. He previously held senior roles at Ironshore and AIG.
John Lavin is co-chief operating officer. He most recently served as executive vice president, U.S. property E&S at Sompo International. Prior to Sompo, he spent more than a decade with ACE Westchester – now Westchester, a Chubb Company.
Atlanta-based Luminor said its platform pairs experienced underwriting leadership with modern data and modeling infrastructure, giving underwriters real-time analytical support across submission intake, risk selection, pricing, and portfolio construction. With embedded analytics and artificial intelligence, it automates the document review, data extraction, and spreadsheet work that historically consume an underwriter’s day.
The D.E. Shaw group, as majority owner, will deploy fully collateralized capacity sitting behind Luminor’s capital partners. Luminor said it has also attracted a select group of leading reinsurers and capital providers as capacity partners.
Topics
Excess Surplus
New Markets
Insurance Wholesale
Property
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