Amwins Special Risk Underwriters Launches New Excess Casualty Program for Various Industries
Amwins Special Risk Underwriters Introduces Exclusive Excess Casualty Capabilities
Amwins Special Risk Underwriters (SRU) has officially launched its latest offering, the Excess Casualty Sidecar Program, which aims to deliver extensive coverage solutions tailored for multiple industries. The program is uniquely accessible only through Amwins brokers, ensuring that clients receive personalized service and expertise tailored to their specific needs.
This newly established program operates on an A+ paper, providing follow-form excess liability on a quota-share basis. This structure not only enhances flexibility but also guarantees that clients enjoy robust protection in an ever-evolving insurance landscape. The Excess Casualty Sidecar Program features a broad industry appetite, effectively catering to diverse market needs, alongside a capacity ventilation feature to facilitate smooth operations across all sectors. Moreover, it offers nationwide availability, making it a compelling option for clients looking for extensive coverage solutions.
Mark Bernacki, the chief underwriting officer at Amwins, expressed excitement over this strategic development. “Historically, SRU has concentrated on exclusive property capacity, and unveiling our first multi-industry casualty product indicates our commitment to evolving with the market,” Bernacki stated. He emphasized that the program plays a vital role in enabling brokers to double their capacity in partnership with carrier providers or efficiently bridge any capacity gaps, making it a significant asset within today’s competitive market.
For those interested in learning more about the Excess Casualty Program or connecting with an Amwins casualty broker, further information is available via the Amwins website, particularly in their section dedicated to exclusive casualty programs.
About Amwins Special Risk Underwriters
As the in-house Managing General Agent (MGA) of Amwins, SRU offers brokers exclusive access to a diverse range of programs and products designed to bolster their clients’ success. With backing from Amwins’ extensive market reach, SRU successfully connects with various reputable insurance carriers, each boasting an AM Best rating of "A-" or higher. Currently, SRU presents a portfolio of 14 specialized products, reinforced by an in-house team of actuaries who provide in-depth catastrophe risk data analysis for precise pricing strategies.
Founded in 2008 as an exclusive MGA for Amwins, SRU's unique offerings are tailored exclusively for Amwins brokers, ensuring that clients benefit from dedicated expert service and insight. The introduction of the Excess Casualty Sidecar Program represents a noteworthy expansion in Amwins’ delivery of tailored insurance solutions.
About Amwins
Amwins stands as one of the foremost independent wholesale distributors of specialized insurance products within the United States. The company is dedicated to serving retail insurance agents by providing an extensive suite of property and casualty products, specialty group benefits, and various administrative services. Based in Charlotte, North Carolina, Amwins employs approximately 7,300 individuals and operates from more than 155 global offices, managing premium placements exceeding $39 billion annually. To learn more about Amwins’ offerings, visit their official website at amwins.com.