Barings invests in Pinion Insurance

● GROWTH | INSURANCE · Underwriting & MGA Platforms

FEBRUARY 17, 2026

Barings invests in Pinion Insurance

TARGET

Specialty insurance carrier providing underwriting capacity to MGAs in the US, UK, and Europe via a proprietary technology platform.

Deal value	$180M invested
Ownership	VC-backed · Barings
Capital raised	$180 million
Headquarters	London, United Kingdom
Leadership	Neil McConachie, Co-Founder and Group Chief Executive Officer
Sell-side advisor	—

INVESTOR

Barings

Global investment manager providing private credit and equity capital.

Buy-side advisor

—

Share deal Copy details View press release ↗

Barings -> Pinion Insurance  (2026-09-18)
growth_investment | Insurance | $180 million | announced
Target: Specialty insurance carrier providing underwriting capacity to MGAs in the US, UK, and Europe via a proprietary technology platform.
Website: pinioninsurance.com | Buyer site: barings.com
HQ: London, United Kingdom | Ownership: vc-backed
Advisors - not yet credited
Source: Thematic - https://thematichq.com/software/d/barings-pinion-insurance.html

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