Sands Point Risk has announced the acquisition of Launch Environmental Underwriters, a specialist environmental insurance MGA focused on complex liability risks across the energy, infrastructure, construction, chemical, industrial, and M&A sectors. The deal marks the largest acquisition in Sands Point’s history and significantly expands the company’s position within the specialty MGA market. Financial terms of the transaction were not disclosed.
The addition of Launch Environmental establishes a dedicated environmental practice for Sands Point while increasing the company’s combined gross written premium to more than $250 million. The acquisition also supports Sands Point’s broader strategy of building a diversified MGA platform focused on high-growth specialty insurance sectors.
Sands Point CEO Dennis Kearns described the transaction as a transformative milestone for the company, noting that the organization has rapidly expanded over the past two years through organic growth, new underwriting program launches, and strategic acquisitions. He said the addition of Launch Environmental further validates the company’s ability to attract specialized underwriting teams and complementary businesses seeking growth opportunities within its platform.
Launch Environmental is recognized for underwriting complex environmental general liability risks and maintaining strong relationships across both retail and wholesale brokerage channels. The business will continue operating with its experienced underwriting team while benefiting from Sands Point’s broader operational resources, distribution capabilities, and expansion strategy.
John O’Brien, CEO of Launch Environmental, said Sands Point’s entrepreneurial culture, growth trajectory, and long-term vision made it an ideal strategic partner. He added that the combination would allow Launch Environmental to expand its market reach while continuing to provide specialized environmental underwriting solutions to clients and broker partners.
The transaction also received support from Bridgehaven Europe Specialty Ltd. Chairman Erik Matson, who praised Launch Environmental’s underwriting performance and said Sands Point has quickly established itself as a high-quality MGA platform positioned for continued growth within the specialty insurance market.
In addition to expanding its environmental insurance operations, Sands Point is also launching new underwriting programs in Political Violence and Terrorism (PVT), Aviation, and Directors and Officers (D&O) liability insurance. These additions broaden the company’s specialty offerings, which already include programs in representations and warranties, tax liability, construction, and medical stop-loss insurance.
Company executives said the acquisition positions Launch Environmental for continued growth while maintaining its underwriting discipline and market-leading loss ratios. Sands Point leadership added that surpassing $250 million in gross written premium reflects growing confidence from underwriting teams, carrier partners, and clients as the company continues to scale its MGA platform through both acquisitions and organic expansion.
Information for this article was provided by Sands Point Risk. Views and claims expressed in this article are those of the source company and do not necessarily reflect the views of AgencyEquity.com. This article may have been edited with the help of AI.
