United Risk Launches Applied Logistics Underwriters to Expand in Global Markets and Enhance Service Offerings
United Risk's Strategic Expansion with Applied Logistics Underwriters
United Risk has recently unveiled its new division, Applied Logistics Underwriters (ALU), as part of its strategy to enhance its presence in the U.S. and various global markets. The initiative, led by industry veteran Alex Rosas, aims to provide cutting-edge, technology-driven underwriting solutions tailored for the logistics, transport, and shipping sectors.
ALU is based out of Miramar, Florida, and focuses on offering comprehensive insurance services to logistics providers and shipping clients. Initially targeting American customers, the division aims to extend its reach into critical global logistics markets. The services include all-risk insurance coverage related to warehousing, statutory liability for carriers, freight forwarder's liability (across all modes of transport), and more, positioning ALU as a first-choice provider in the logistics insurance landscape.
The Vision Behind Applied Logistics Underwriters
According to Alejandro Rosas-Salgado, the President of ALU, the sector presents a wealth of opportunities due to ongoing technological innovations and a robust team equipped with extensive product knowledge. He remarked, “The U.S. and global markets present significant potential for ALU, thanks to our technological advancements and skilled employees dedicated to understanding client needs.” The division is set to foster loyalty among brokers and their customers, thanks to its commitment to optimized service delivery and strong partnerships within niche and broader insurance industries.
United Risk’s President Rick Christofer noted the establishment of ALU was a response to the clear need for excellence in transaction methods within the insurance sector. As he explained, “We are shifting the underwriting paradigm from a solely experience-based approach to one supported by robust historical data, fostering new practices previously unseen within the logistics insurance sector.” This marks ALU as a pioneering entity in transforming traditional underwriting practices.
The Expertise of Alex Rosas
Rosas brings over 155 years of family tradition in insurance to the table, beginning his career at 16 in recreational marine insurance. He has a proven track record, demonstrating considerable expertise in marine cargo, liability, and logistics insurance. His previous roles include key positions at the Integrand Assurance Company, Blue Waters Insurers Corp, and Sompo International, where he significantly developed insurance portfolios in the logistics space.
His commitment to revolutionizing industry practices is evident in ALU's approach to enhance service quality through the integration of analytics and technology. Rosas expressed, “Our focus is on transforming inefficient sectors by leveraging data insights, thereby enhancing relationships with our clients.” This innovative direction is expected to set ALU apart from competitors in the logistics insurance domain.
Future Directions for United Risk
United Risk Global operates independently while sharing a strong brand identity with Applied Underwriters, whose headquarters is located in New York at 50 Rockefeller Plaza. The organization prides itself on its innovative customer service strategies and solid financial strength and is widely recognized across the U.S., the UK, the EU, and the Middle East.
As Applied Logistics Underwriters embarks on its journey, the industry will closely monitor its impact on logistics and insurance practices. With Rosas' leadership and United Risk's strong market presence, ALU is poised to become a dominant player in logistics insurance, fulfilling an essential role in an evolving global market that increasingly demands innovative, technology-driven solutions.