At-Bay assigned a Financial Strength Rating of A- (Excellent)

Ari Fischel joins At-Bay as Chief Financial Officer and as At-Bay Specialty Insurance Company board member
BusinessWireApril 20, 20234 min

At-Bay, the insurance provider for the digital age, announced today that AM Best has assigned At-Bay Specialty Insurance Company a Financial Strength Rating of A- (Excellent), with a “stable” outlook. At-Bay Specialty Insurance Company is a Delaware-domiciled excess and surplus (E&S) lines property and casualty (P&C) carrier, acquired by At-Bay in January 2023.

“At-Bay is on a mission to accelerate the growth and innovation needed to build the next generation of insurance for the digital age,” said Rotem Iram, CEO and co-founder of At-Bay, and Chairman of the board for At-Bay Specialty Insurance Company. “The A- rating from AM Best is the latest milestone on our journey toward making that goal a reality,” he added.

As an E&S carrier, At-Bay aims to better serve its policyholders and valued brokers by expanding into additional specialty lines and offering innovative solutions to address new and emerging risks among today’s small-to-mid-sized businesses. The company expects to start writing policies on its own paper later this year.

Ari Fischel Joins At-Bay as CFO

In addition to this financial milestone, At-Bay also announced today that Ari Fischel has joined the company as its Chief Financial Officer. Fischel brings more than 20 years of financial and operational experience to At-Bay’s executive team, most recently as CFO of Capital-Rx, one of the fastest growing health tech companies in North America. Before Capital-Rx, Fischel served as Vice President, Finance and Accounting for Oscar, a leading insurtech, where he helped to lay the groundwork for the company’s initial public offering over his five-year tenure there. Prior to Oscar, Fischel served in senior finance and leadership roles for The Nielsen Company and General Electric. Fischel will also join the board of At-Bay Specialty Insurance Company.

“I’m thrilled to join At-Bay during this time of exciting innovation and growth and look forward to contributing to At-Bay’s next phase of success and category disruption,” said Fischel. “The company has consistently demonstrated that it can deliver high-quality insurance and security solutions to the small business and broker community and achieve strong customer and revenue growth for its investors and reinsurance partners, all the while maintaining record low portfolio losses.”

At-Bay is the insurance company for the digital age, who today provides security prevention and insurance protection solutions to close to 30,000 businesses in the US. Surpassing $380 million in annual recurring gross written premium (ARGWP) in 2022, At-Bay offers insurance policies for Cyber (E&S and Admitted), Technology Errors & Omissions (Tech E&O), and Miscellaneous Professional Liability (MPL).


Leave a Reply

Your email address will not be published.


We are one of the world’s leading Fintech-based media publication with our content strategized and synthesized to fit right into the expanding ecosystem of Finance professionals. Be it fintech live news, finance press releases, tech articles from Fintech evangelists or interviews from top leaders from global fintech firms, we give the best slice of knowledge topped up with the aptest trends. Our sole mission is to help tech and finance professionals step up with the rapidly emerging Fintech civilization and gain better insights to emerge victorious in every possible way. We adopt a 360-degree approach in order to cater to present a holistic picture of the fintech arena.

Our Publications

FintecBuzz, 2024 © All Rights Reserved