Clear Blue was launched in the fall of 2015 by Jerome Breslin our CEO along with a handpicked team of industry experts. Their vision was born out of the frustration and challenges they experienced with limited options for Managing General Agents (MGAs) to find capacity and expand their businesses. Realizing the opportunity and market demand, Clear Blue was created to offer a unique business model to solve for increased capacity and inefficiencies. The goal is to make it easier for MGAs and program managers to connect with worldwide reinsurers while adding profound value along the entire transaction chain.
Clear Blue owns and operates four US domiciled property and casualty insurance companies, two admitted companies and two surplus lines companies. They are domiciled in Texas. Clear Blue utilizes these different companies to provide our partners with additional market separation for similar programs. Clear Blue’s companies are broadly licensed for most lines of business and can offer admitted paper in Washington DC, Puerto Rico, and all 50 states. Surplus lines paper can be offered in all US jurisdictions. The companies have pooled surplus of more than $221 million with group backing by Pinebrook Partners, a private equity firm that manages over $6 billion. Clear Blue is rated “A- Excellent” by AM Best with a financial size of VIII