Convex almost doubles GWP for 2021 to $2.1bn
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Convex almost doubles GWP for 2021 to $2.1bn

Luke Harrison
19 May 2022
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Start-up Convex has grown its gross written premium (GWP) to $2.1bn for 2021, an increase of 93% from the $1.1bn reported in 2020, which the company said reflected its continued and strategic investment in the carrier’s growth.

Convex reported a net combined ratio of 118% for the period, an improvement of 55 points compared with 2020 combined ratio of 173%.

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Luke Harrison
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