New insurance product is designed to help college and university athletic programs navigate NIL and revenue-sharing commitments
HAMILTON, Bermuda. September 28, 2026 – SiriusPoint Ltd. (“SiriusPoint”) (NYSE: SPNT), a specialty underwriter, has today announced a new strategic partnership with Sutton Special Risk, a specialist managing general underwriter providing innovative accident and health insurance solutions. Together, they have launched SportsSecure™, a specialized insurance solution designed to help college and university athletic programs manage injury-related financial exposures associated with Name, Image, Likeness (NIL) and revenue-sharing commitments.
SportsSecure also helps athletic programs manage the impact of injury-related disruptions and support the long-term stability of their athletic programs.
SiriusPoint and Sutton Special Risk combine their complementary strengths in underwriting, specialized insurance, sports-related accident and health expertise, and support brokers, colleges, and universities as they navigate the evolving NIL and revenue-sharing landscape.
“We're only at the beginning of NIL and revenue sharing, and it’s already creating a lot of uncertainty for colleges and universities,” said Tom Leonardo, Global Head of Accident & Health at SiriusPoint. “Athletic departments have a lot to manage, and the financial impact of an athlete’s injury should not create even more disruption. SportsSecure helps colleges and universities prepare for possible injuries, protect their financial commitments, and stay focused on supporting their athletes and programs.
“Since every athletic program is different, we wanted to work with a partner that understands both the sports market and the unique needs of colleges and universities,” added Mr. Leonardo. “Sutton Special Risk brings that expertise, and together we are offering a thoughtful, specialized way to manage injury-related financial exposure and protect the long-term stability of their athletic programs.”
“We are excited to partner with SiriusPoint to bring a dedicated solution to an increasingly important segment of the collegiate sports market,” said Christian Hanson, VP Sports at Sutton Special Risk. “By combining SiriusPoint’s underwriting strength and capacity with our specialist expertise, we are helping institutions better understand and manage these new exposures while providing protection that supports long-term financial stability.”
For brokers, colleges and universities interested to learn more about SportsSecure, visit: https://www.siriuspt.com/sports-secure/
About SiriusPoint
SiriusPoint is a specialty underwriter providing solutions to clients and brokers around the world. Bermuda-headquartered with offices in New York, London, Stockholm and other locations, we are listed on the New York Stock Exchange (SPNT). We have licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally. Our offering and distribution capabilities are strengthened by a portfolio of strategic partnerships with Managing General Agents and program managers. With over $3.0 billion total capital, SiriusPoint’s operating companies have a financial strength rating of A from AM Best, Fitch, and S&P, and A3 from Moody’s. For more information, please visit https://www.siriuspt.com/.
About Sutton Special Risk
Sutton Special Risk is a specialist managing general underwriter focused on delivering innovative accident and health insurance solutions across a range of niche and emerging risk classes. The company works closely with carriers, brokers and institutional clients to develop tailored protection products that address evolving market needs. For more information, please visit Sutton Special Risk's website. For more information, visit https://www.us.suttonspecialrisk.com/
Forward-Looking Statements
We make statements in this press release, and any related oral statements, that are forward-looking statements within the meaning of the U.S. federal securities laws, which we intend to be covered by the safe harbor provisions for such forward-looking statements. These statements involve risks and uncertainties that could cause actual results to differ materially from those made in or suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, the risk factors described in SiriusPoint’s most recent Annual Report on Form 10-K and any other subsequent periodic reports filed with the U.S. Securities and Exchange Commission. All forward-looking statements speak only as of the date made and SiriusPoint undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events, or otherwise.
Contacts
Investor Relations
Liam Blackledge, SiriusPoint
Liam.Blackledge@siriuspt.com
+44 203 772 3082
Media
Natalie King, SiriusPoint
natalie.king@siriuspt.com
+44 7707 288817