Newly formed Clear Blue Financial Holdings LLC announced Majesco will implement an MGA portal and operational data store to help enable its growth strategies.
The Puerto-Rico based insurer will specialize in general liability insurance and commercial auto lines of business, according to the company, after launching in December with two fully-licensed carriers, RLI Indemnity and Specialty Insurance, which have since been renamed. Both businesses are operable in 49 states as well as the District of Columbia. The startup is backed by private equity firm, Pine Brook.
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