Overview
International law firm McDermott Will & Emery represented SiriusPoint, the international specialty insurer and reinsurer, in its investment in and partnership with Hestia Capital, a Texas-based specialty (re)insurance intermediary and alternative asset advisory start-up. The partnership is the first to be announced by SiriusPoint since the carrier launched through the combination of Sirius Group and Third Point.
- Transaction expands SiriusPoint’s ability to access alternative markets and Hestia’s creation of new risk management products.
- The arrangement will see SiriusPoint provide (re)insurance paper and capacity for Hestia.
- The McDermott team was led by Michael Halsband and included Ellie West and Chris Marshall.
About McDermott
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices and industries to deliver highly effective—and often unexpected—solutions that propel success. More than 1,200 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
