GI Partners Teams with Industry Veterans to Launch MGA Platform
Deal News | May 05, 2025 | GI Partners, LLC
GI Partners, a prominent private equity firm, announced the launch of a tech-enabled MGA platform in collaboration with insurance industry veterans Brad Emmons and Brian Hanuschak. Aiming to acquire and grow a diverse portfolio of MGAs, the new platform emphasizes technology-driven operations, underwriting excellence, and superior service. Emmons and Hanuschak bring impressive resumes, having formerly led significant businesses such as Orchid Underwriters and Victor Insurance Managers, respectively. GI Partners, known for its history of building growth platforms, sees potential in the specialized underwriting and scalable technology of the MGA market. The partnership plans to leverage GI's operational expertise and past successes with other insurance investments to create a high-performance platform with national impact.
Sectors
- Insurance
- Private Equity
- Technology
Geography
- United States – GI Partners has offices across the US and the article discusses a new initiative within the US insurance market.
- United Kingdom – GI Partners also has an office in London, reflecting its global reach and possible interest in the UK market.
Industry
- Insurance – The article discusses the launch of a new platform aimed at acquiring and growing MGAs within the insurance sector.
- Private Equity – GI Partners, a private equity firm, is leading the investment in this new tech-enabled MGA platform.
- Technology – The platform is described as tech-enabled, using technology-driven operations to differentiate in the market.
Financials
- $46 billion – The amount of capital raised by GI Partners.
- $3 billion – Annual premium overseen by Victor Insurance Managers under Brian Hanuschak's leadership.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| GI Partners, LLC | Investor | Company | A leading private investment firm involved in launching the new MGA platform. |
| Brad Emmons | Co-founder | Person | Industry veteran and co-founder of the new MGA platform, previously co-founded Orchid Underwriters. |
| Brian Hanuschak | Co-founder | Person | Industry veteran and co-founder of the new MGA platform, previously CEO at Victor Insurance Managers. |
| Orchid Underwriters | Former Company of Brad Emmons | Company | Company co-founded by Brad Emmons, sold to Brown & Brown in 2022. |
| Victor Insurance Managers | Former Company of Brian Hanuschak | Company | Company where Brian Hanuschak served as CEO. |
| Brown & Brown, Inc. | Acquirer | Company | Acquirer of Orchid Underwriters, where Brad Emmons was previously involved. |
| Marsh & McLennan Companies, Inc. | Parent Company | Company | Parent company of Victor Insurance Managers, where Brian Hanuschak was previously CEO. |