Ex-Orchid CEO Cody working on Bain-backed MGA incubator Pillar
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Ex-Orchid CEO Cody working on Bain-backed MGA incubator Pillar

Sources said that the start-up will be fronted by Bain-backed Emerald Bay.

By Adam McNestrie Jairo Ibarra Farhin Lilywala
August 21, 2025
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Private equity firm Bain Capital is working with former Orchid CEO Kathy Cody on an MGA incubator under the brand Pillar, Insurance Insider US can reveal.

Sources

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News Capital raising Private equity MGAs/MGUs Start-ups Commercial lines Specialty lines North America
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