Hadron Insurance, a relatively new player backed by over $250 million in capital, operates in both the US and UK markets. In the UK, it trades as Hadron UK Insurance Company Limited, having acquired Folgate Insurance Company in 2024. The firm’s core business model is to provide essential underwriting capacity and reinsurance solutions to Managing General Agents (MGAs), like NBS and Kova, enabling them to offer a range of specialist insurance products. The company underwrites across various specialty and commercial lines, supporting the product offerings of its MGA partners.