The latest from Embrace;
Embrace Partners, Inc. (“Embrace”), a minority business enterprise-certified, tech-driven wholesale insurance broker and managing general underwriter (MGU) of specialty commercial insurance and surety, has announced it is approved by Aon plc, a leading global professional services firm, to act as a wholesale broker in the U.S.
This approval enables Aon brokers, at its clients’ direction, to begin placing insurance through Embrace. Adding Embrace to the roster of Aon-approved wholesale brokers provides Aon clients with an opportunity to align their premium dollars and their inclusion and diversity goals.
“Diversity remains a top consideration for corporations, and now, insurance purchasing can help meet this demand,” said David Cayemitte, President, and CEO of Embrace. “As a minority business enterprise, Embrace offers insurance buyers, brokers and carriers the ability to incorporate diversity into insurance distribution.”
Embrace Partners is led by industry veteran David Cayemitte, a former executive at AIG, St. Paul’s and Travelers. After two decades of working for major global insurance companies, Cayemitte founded his own full-service insurance brokerage and surety bonding firm, The Cayemitte Group, in 2005. Ambac Financial Group, Inc. (“Ambac”), a financial service holding company, holds a minority interest in the firm.
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