Skyward Specialty Insurance Group has announced its strategic expansion into the mortgage reinsurance market, further enhancing its footprint in the specialty property and casualty (P&C) sector.
To spearhead this new initiative, Jean-Philippe Latour joined the company as Senior Vice President in May 2024. Latour, a seasoned professional, brings a wealth of experience from his tenure at Arch, where he began his insurance career in 2013.
During his time at Arch, Latour played a pivotal role in developing reinsurance solutions for the primary mortgage market and government-sponsored enterprises (GSEs). Before joining Skyward Specialty, he also led Vantage Risk’s entry into the mortgage reinsurance market, showcasing his expertise in this niche sector.
Latour’s background is further strengthened by his experience in banking and capital markets, particularly in mortgage banking, securitization, and interest rate risk management.
Andrew Robinson, Skyward Specialty’s Chairman and CEO, highlighted the strong interest received from GSEs, primary insurers, and the brokerage community following this strategic market entry. Robinson also praised Latour’s industry reputation, citing his technical acumen and leadership as key assets for the company.
This new mortgage reinsurance unit marks Skyward Specialty’s second reinsurance initiative, following its successful entry into the global agriculture market in 2023.
Robinson emphasized that the move into the mortgage reinsurance market is in line with Skyward Specialty’s broader strategy to diversify its portfolio, reinforcing the company’s commitment to growth and innovation.
Skyward Specialty Insurance Group is a leading specialty insurance provider, offering commercial property and casualty products and solutions on both non-admitted and admitted bases. The company operates through eight distinct underwriting divisions: Accident & Health, Captives, Global Property & Agriculture, Industry Solutions, Professional Lines, Programs, Surety, and Transactional E&S.