Patriot National Insurance Group, a US-based provider of workers’ compensation insurance and insurance services, has received $30m in equity funding from Six Points Investment Partners LLC.
The company intends the proceeds from the investment to expand into new geographic markets, and improve operations.
Led by Chairman and Chief Executive Officer Steven M. Mariano, Patriot National Insurance Group has two operating subsidiaries:
– Guarantee Insurance Company, which specializes in alternative market workers’ compensation insurance and is licensed in 41 states.
– Patriot Underwriters, Inc., which is a national program administrator that produces, underwrites and services workers’ compensation insurance for leading insurance companies.
FinSMEs
08/07/2011