Latour to lead Skyward Specialty’s new mortgage re/insurance unit

Property and casualty insurer Skyward Specialty Insurance Group Inc. has entered the mortgage re/insurance market and announced that Jean-Philippe “JP” Latour will lead the new unit.

In support of this new venture, Latour joined the firm in May 2024 as senior vice president.

He began his insurance career with Arch in 2013, playing a pivotal role in developing reinsurance solutions for the primary mortgage market and government-sponsored enterprises (GSEs). Most recently, he led Vantage Risk’s entry into the mortgage reinsurance market.

Before his insurance career, Latour worked in banking and capital markets, specialising in mortgage banking, securitization, and interest rate risk management.

Andrew Robinson, Chairman and Chief Executive Officer, commented, “We have received an incredible response from the GSEs, primary insurers and the brokerage community in this market. JP is a known and respected executive and technician in this market. We are fortunate to have him lead this new unit.”

“Our entry into this market is part of our broader effort to build a well-diversified portfolio where we can execute our Rule Our Niche strategy and is a natural next step as we further diversify our portfolio towards markets that are less exposed to the P&C cycles. We will continue to evaluate (re)insurance opportunities in very focused niches where we believe the core tenets of our strategy can be applied to create shareholder value and to build durable and defensible positions in our chosen markets,” Robinson concluded.

The mortgage re/insurance unit is the firm’s second reinsurance unit following its entry into the Global Agriculture market in 2023.

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