Pelican Ventures

Tango Specialty Insurance Services operates as a modern managing general agent (MGA) focused on specialty insurance. The company develops a platform that creates and manages customized insurance programs tailored to the needs of specific businesses. With a team of experienced underwriters and strong partnerships with insurance carriers, Tango Specialty aims to address the complex requirements of clients and brokers in the specialty market. By emphasizing expert underwriting programs and personalized support, the company enables brokers to effectively place intricate coverage solutions for their clients.

Blackpoint Holdings, LLC, founded in 2014 and based in Ellicott City, Maryland, specializes in cybersecurity products and services designed to safeguard organizational infrastructure and operations. The company offers a range of solutions, including Blackpoint RISK, a cyber liability insurance product that protects against incidents such as cyber-crime and ransomware. Its flagship platform, SNAP-Defense, provides advanced threat detection and response capabilities, allowing organizations to identify and neutralize threats at their earliest stages. The platform's real-time monitoring delivers alerts directly to the user interface, enabling quick action to contain affected devices. Additionally, SNAP-Defense supports deep data analysis, enhancing the user experience with its intuitive design. Blackpoint's comprehensive approach to cybersecurity enables clients to fortify their defenses and effectively manage potential threats.

Get Covered specializes in creating tailored digital solutions for the insurance sector, focusing on streamlining the processes of buying, selling, and managing insurance products. Its platform is designed to simplify interactions for both commercial and residential clients, utilizing automation to enhance efficiency. Features include policy administration, tracking certificates of insurance, and customizable customer-facing websites. The company provides a range of adaptable insurance products specifically for the real estate industry, catering to the needs of insurance carriers, agencies, property managers, landlords, and membership associations. By offering these tools, Get Covered enables its clients to effectively serve their customers and improve the delivery of insurance solutions.

Ariel Re is a multi-line specialty reinsurer that offers a broad range of innovative reinsurance solutions to a diverse client base through its offices in Bermuda, London, and Hong Kong. Established in 2005, Ariel Re operates primarily through Syndicate 1910 at Lloyd’s and also utilizes Syndicate 5336 for access to Lloyd’s Europe. The company has a strong track record, consistently outperforming both the Lloyd’s and Bermuda markets, with Syndicate 1910 recognized as the second most profitable in the Lloyd’s market from 2010 to 2020. In 2020, Ariel Re was acquired by Pelican Ventures and J.C. Flowers, enhancing its capital resources. The company entered into an operational partnership with Apollo Syndicate Management in 2021 to underwrite for a Lloyd’s special purpose arrangement focused on property catastrophe reinsurance. This partnership, effective from 2022, combines the portfolios of Syndicate 1910 and the special purpose arrangement, increasing Ariel Re’s capacity and expanding its client offerings.