Enstar Group
Enstar Group is a large global insurance company founded in 1993, specializing in innovative insurance solutions and consulting services. With headquarters in Hamilton, Bermuda, the company operates in the run-off space and emphasizes sustainability and corporate governance across its global network of offices.
Company Overview
Enstar Group is a leading global insurance group founded in 1993. The company operates in the insurance industry and is recognized for delivering innovative insurance solutions through a network of group companies. With a team size of 668, Enstar is classified as a large business, employing over 800 individuals across 11 offices worldwide. The company has its headquarters in Hamilton, Bermuda, and maintains a presence in major insurance hubs including the U.S., London, Continental Europe, and Australia.
Services Offered
Enstar Group specializes in consulting and provides a range of services including claims management, risk analysis, and investment expertise. The company operates in the run-off space, focusing on acquiring and managing run-off insurance and reinsurance liabilities. Enstar complements its core claims management business with strategic investments in live underwriting companies. Additionally, it offers third-party consulting services through its subsidiary, Cranmore, and provides capital release solutions and finality solutions for captives and self-insured fund liabilities.
Sustainability Initiatives
Enstar Group is committed to sustainability and environmental, social, and governance (ESG) practices. The company has established a comprehensive ESG program, which includes annual reports and disclosures. Enstar focuses on sustainable investing, climate change, and human capital. It has a dedicated oversight group and working group to ensure adherence to its sustainability goals. Furthermore, Enstar has a Vendor Code of Conduct to uphold ethical standards within its supply chain.
Global Presence
Enstar Group has a global network with offices in key locations such as Hamilton, London, Guildford, Brussels, Milan, Naples, Schaan, Columbia, New York City, St. Petersburg, and Sydney. This extensive presence allows Enstar to leverage its 30-year history in the insurance sector to create ideal legacy solutions for its partners. The company has completed more than 110 acquisitions since its inception, enhancing its capabilities and market reach.
Partnerships and Community Engagement
Enstar Group engages in community involvement through partnerships with various charities. The company has a notable partnership with Saracens, focusing on women's rugby and netball teams. This collaboration reflects Enstar's commitment to supporting community initiatives and promoting sports. The company maintains a strong focus on corporate governance, supported by various committee charters and policies.