New York-based Cover Whale Insurance Solutions LLC, a technology-enabled commercial transportation managing general agent (MGA), has launched Breakw
ater Markets, a digital wholesale brokerage focused on transportation risks.
The firm appointed Roman Atkielski as executive vice president of brokerage at Breakwater. He joins from Jencap Insurance Services.
The move expands Cover Whale’s core programs, giving retail agents a platform to place risks that si
t outside the company’s underwriting appetite. It is designed to handle a broader range of transportation risks, including non-standard, surplus lines, and more complex placements.
“For a long time we’ve had to send a lot of good business elsewhere simply because it didn’t fit our
programs,” said Kevin Abramson, president of Cover Whale. “Breakwater gives us a way to keep working with those agents and support a broader range of risks.”
According to Cover Whale, its existing platform processes close to $7 billion in annual premium submissions, but only a portion is ultimately bound. As Abramson explain
ed, Breakwater gives agents a clear route to place risks that fall outside Cover Whale’s underwriting appetite.
Atkielski joins Breakwater Markets from Jencap Insurance Services, where he most recently se
rved as senior vice president and national practice leader, overseeing the firm’s wholesale transportation brokerage division across the country.
He has spent his career in transportation businesses, including co-founding High Point Underwr
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iters, a program administrator focused on independent contractor truckers, which was later acquired by K2 Insurance Services.
“Cover Whale has built a strong platform in a tough part of the market,” said Atkielski.
Breakwater Markets will leverage Cover Whale’s underlying infrastructure and market relationships. Cover Whale’s technology platform enables continuou
s underwriting through real-time data, helping fleet owners better manage their risk. Cover Whale off
ers commercial auto liability, cargo, physical damage, general liability, non-trucking liability and roadside assistance.
