Article ID: 2ebcfe83d88ffbb19a77fd4d4c0e234683a702933660261cdf900ca0a2c1965f
Source ID: secondary:businessinsurance.com
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URL: https://www.businessinsurance.com/banyan-venture-focuses-on-wildfire-exposed-property-risk/
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Banyan venture focuses on wildfire-exposed property risk - Business Insurance Skip to content Register for free Search Search Log In Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2026 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2026 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2026 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2026 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Banyan venture focuses on wildfire-exposed property risk by Matthew Lerner Agents and Brokers , Catastrophes , Excess and Surplus Lines , Products & Services , Property , Risk Management Sep 30, 2026 Specialty managing general agent Banyan Risk Ltd. on Wednesday launched Red Fox Risk Ltd., a specialist underwriting venture focused on wildfire-exposed property risk in the United States. Red Fox will operate under the Banyan Risk umbrella and will offer coverage for risks in need of non-admitted coverage due to their wildfire exposure, Banyan said in a statement. The business will be led by former Kettle executives Brian Espie as CEO and Sarah Kennedy as chief underwriting officer, the statement said. Mr. Espie was most recently chief underwriting officer at Kettle and Ms. Kennedy was most recently head of insurance there. Red Fox will offer up to $10 million in primary limits and is backed by capacity providers including Argenta Syndicate 2121 at Lloyd’s. Coverage will be available to commercial properties and high-value homes in California and the Western U.S. Banyan was founded in 2021 and writes other lines including inland marine and marine property, the statement said. Related News Pa. child welfare provider liability bill advances September 30, 2026 Workers in first two years on job account for 54% of comp injuries: WCRI September 30, 2026 AI essay earns provost some extra homework September 30, 2026 Axa XL to begin writing business through dedicated E&S insurer September 30, 2026 Willis hires former Aon exec to lead D&F growth September 30, 2026 AI chiefs called to Australian Senate inquiry September 30, 2026 Airline convicted of ‘corporate manslaughter’ for crash September 30, 2026 Howden Re expands in Denmark September 30, 2026 Bangkok floods disrupt hundreds of flights September 30, 2026 Facebook-f X-twitter Linkedin-in Business Insurance is a singular, authoritative news and information source for executives focused upon risk management, risk transfer and risk financing. Never miss important news: Become a Business Insurance Online subscriber today Subscribe Now Information About Us Contact Advertise Privacy Policy Terms & Conditions Copyright 2026. BUSINESS INSURANCE HOLDINGS Member, Beacon International Group, Ltd.
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