InsurTech Lending News

K2 Insurance Services Announces Formation of K2 Collateral Protection Insurance Division

K2 Insurance Services Announces Formation of K2 Collateral Protection Insurance Division

Capital Markets Veteran Brian Delaney Appointed to Lead New Division Focused on Risk Solutions for Intellectual Property Lending

K2 Insurance Services announces the formation of a new division, K2 Collateral Protection Insurance (K2 CPI), appointing Brian Delaney to lead the initiative. Delaney, the former Global Head of Intellectual Property Solutions at a top insurer, is an industry-leading underwriter with decades of capital markets experience. A twenty-plus-year veteran of the hedge fund industry, he previously served as a short seller for several prominent multi-billion-dollar funds, where he developed a reputation for rigorous financial analysis. His unique expertise will be instrumental as the MGA conglomerate launches K2 CPI to bridge the gap between insurance markets and complex asset-backed lending.

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K2 CPI’s flagship product provides a comprehensive insurance wrap for loans secured by all assets, including Intellectual Property (IP), capitalising on the global economic shift from tangible to intangible assets. Historically, IP-rich companies have struggled to access traditional debt markets, often leaving dilutive equity raises as their only viable funding option.

K2 CPI bridges this liquidity gap by insuring the underlying collateral value, effectively transforming IP into a bankable asset and unlocking non-dilutive growth capital. For Insured Lenders, the product provides financial protection against collateral value volatility in the event of default. Furthermore, the wrap can provide capital relief and allow for the expansion of internal lending limits by shifting the credit risk to highly-rated insurance capacity.

“I’m thrilled to join K2 to bring this vital solution to the market,” said Delaney, Managing Director of K2 CPI. “I firmly believe Collateral Protection Insurance has evolved into a sustainable ‘Version 2.0’ market solution. By focusing on higher credit quality borrowers and utilising structures that ensure greater alignment between the Insured Lenders and the insurance community, we are delivering a product that represents a balanced trade, thereby creating value for all parties to the transaction. I look forward to applying this refined approach to drive underwriting profitability and long-term growth at K2.”

“Brian’s arrival marks a significant milestone for K2 as we continue to diversify our specialty offerings,” added Bob Kimmel, CEO of K2 Insurance Services. “His unique expertise in the capital markets allows us to solve a complex problem for modern businesses. We look forward to supporting Brian as he builds this division and provides lenders with the security they need to fund the next generation of growth.”

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