Convex Insurance

Convex Insurance is an international specialty insurer and reinsurer founded in 2019 by Stephen Catlin and Paul Brand. With operations in Bermuda, London, Europe, and the US, the company was established with $1.7 billion in initial capital to underwrite insurance and reinsurance for complex specialty risks. Convex primarily focuses on large commercial clients with sophisticated insurance needs, offering a range of products in the property and casualty sector. The company provides tailored underwriting solutions for various sectors, including healthcare, aviation, and marine. Convex leverages modern technology and a skilled team to deliver customized risk management solutions. Its organizational structure includes several entities, such as Convex Group Limited and Convex Re Limited, ensuring operational efficiency across its global presence. With a workforce of approximately 450–500 employees, Convex emphasizes employee wellbeing through comprehensive health benefits and support services. Convex has experienced rapid growth, reporting over $1 billion in gross premiums written in 2020, and maintains a strong focus on underwriting discipline and operational efficiency.

Insurance Hamilton, Bermuda Founded 2019 ~74 employees

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Employees
74
+4.2% in the 3 months to Jun 2025
Revenue / employee
$69.8M
Revenue ~$5.2B
Total funding
$3.2B
Last round Jan 2021
12-month attrition
10%
Tech: 25%
H1B sponsor
NA
Open jobs
2
Last 30 days

Headcount trend

Convex Insurance went from 64 employees in Jul 2023 to 74 in Jun 2025. Jan to Jun 2025: 8 people joined, 1 left.

Headcount data through Jun 2025

Org structure

Headcount by department

Other56
Finance8
Operations6
HR2
Engineering1
Sales1

Funding

  • Jan 2021 · $500M · Sixth Street
  • Nov 2020 · $1B · Onex Corporation, GIC
  • Apr 2019 · $1.7B · Onex Partners, PSP Investments

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Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.