Exclusive: Balance Partners’ Springboard adds Certus’ Lee as president

By Chris Munro

May 27 - (The Insurer) - Balance Partners’ Springboard Outsourced Services has brought in Brian Lee as president, with the recruit brought in to lead the back-office support-focused subsidiary’s growth push.

Springboard provides underwriters with back-office support, including policy management systems, licensing and accounting, allowing them to launch MGUs seeking a turnkey operational solution.

The platform deals with administrative tasks, enabling underwriters to focus on writing risks and servicing clients.

Lee has joined Springboard having most recently spent a decade at Certus Claims Administration, where he served as a managing director.

Prior to joining Certus in 2014, Lee was at Distinguished Programs for around four years, latterly as vice president, corporate development.

Lee’s career also includes over 11 years at Verisk Analytics.

“As we built Balance Partners, we saw a clear need among underwriters for robust operational support,” said Balance Partners co-founders Michael Sillat and Joe Calise.

“Springboard was created to meet that need, and since its inception, it has enabled multiple MGU clients to build successful, specialized programs.

“Brian’s extensive industry expertise and leadership experience make him an ideal fit to lead Springboard into its next stage of growth,” Sillat and Calise added.

Lee’s arrival to spearhead Springboard’s growth is the latest in a series of expansionary moves BV Investment Partners-backed Balance Partners has undertaken this year.

As Program Manager exclusively reported in March, the MGU platform secured capacity support from SiriusPoint to launch a new excess construction program called Vertical, which is led by John P LoPorto.

Also in March, this publication revealed that Balance Partners had completed its first M&A deal with the acquisition of MGA and programs platform Vanguard Specialty.