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AlphaCat Managers Ltd., formed in 2008, is a core element of the Validus Group`s strategic initiative to expand into capital market activities by participating in the market for Insurance Linked Securities (ILS). ILS are financial instruments whose fundamental value is determined by insurance losses caused by natural catastrophes such as major earthquakes and hurricanes. As the returns of ILS are primarily driven by natural catastrophes, when carefully structured, they are generally uncorrelated with the overall financial market, making ILS an attractive asset class for capital market investors.
Mountain CAP of West Virginia is a Buckhannon, WV-based company in the Financial Services sector.
Insphere Insurance Solutions is a North Richland Hills, TX-based company in the Financial Services sector.
Nirvana is a company that provides modern insurance and risk management solutions for connected operations using cutting edge technology and data.
ULLICO Inc. is one of the leading companies in the Financial Services sector.