Insureds have to be able to count on their insurance when the need arises and clients depend on AmRisc for unique and sometimes difficult property insurance coverages. That's why consistency, stability and creativity play such huge roles in our evaluation of Specialty Markets. In selecting Lloyd's, Berkshire Hathaway's National Fire & Marine, QBE, Zurich and Princeton E&S, AmRisc stands ready to deliver the dependability and diversity our clients require.
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Excess and Surplus lines
Lloyd's:
Lloyd's Chain of Security links policyholders to a high quality well-structured capital base, illustrated by Lloyd's 317-year track record of paying valid claims. Strong, stable ratings and underwriting expertise contribute to Lloyd's appetite to tackle risks that many other insurers are unequipped to take on. One example is Lloyd's leading support of AmRisc in supplying capacity for catastrophe property insurance programs throughout the Southeastern US. Lloyd's has withstood the test of time, providing security since their first marine policies were issued in 1688. Even with the further testing of the last two years, Lloyd's remains the world's leading specialist insurance market -- the market we can rely on. AM Best Rating (A) and Standard and Poor's Rating (A+).
Berkshire Hathaway:
National Fire & Marine is a member of the Berkshire Hathaway group of insurance companies. National Fire & Marine Insurance Company was founded in 1949 and is an eligible surplus lines insurer throughout the United States (other than in Nebraska and New Jersey). Its strong balance sheet combined with management's willingness to write highly volatile accounts have made it a leader in the United States surplus lines market. Despite overall insurance market capacity issues, the strong resources of National Fire & Marine allow it to continue to respond to the specialty needs of our clients. The Company enjoys the strongest ratings available with a financial strength rating from Standard & Poor's of "AAA" and a rating from A M Best's of "A++"
Please click this link to find out more about Berkshire Hathaway:
http://www.nationalindemnity.com
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Admitted
American Coastal Insurance Company:
American Coastal (ACIC) is an ADMITTED Insurance Company in the State of Florida with a statutory surplus of
over $100,000,000. The Certificate of Authority was received in June 2007 and the final approval for Rates and Underwriting Guidelines in August 2007.
ACIC’s current underwriting target is “Best of Class” Florida Garden Style Condominiums. “Best of Class” risks place an emphasis on positive secondary wind underwriting characteristics such as roof shape, bracing, hurricane straps where needed, and age of roof coverings for all ISO 1-6 construction. The ACIC filed rating plan is designed to provide competitive pricing along with enhanced coverages such as ISO Broad and Special Causes of Loss Forms as well as several extensions of coverage. American Coastal’s business plan is to provide secure capacity and good claims service for many years to come.
AmRisc LP is pleased to be appointed as the exclusive MGA for production and underwriting for ACIC. The AmRisc underwriting team brings multi-model analysis techniques and many years specialty underwriting experience to this niche market. We are excited to bring this additional insurance capacity to the State of Florida. American Coastal's business plan is to provide secure capacity along with accurate and timely claims service for our insured.
Please click this link to find out more about American Coastal:
http://www.amcoastal.com |
QBE:
QBE the Americas is a division of QBE Insurance Group, one of the top 25 insurers and reinsurers worldwide with operations in all key global markets. QBE Specialty Insurance, headquartered in New York, is a leading program writer in the United States and comprises the underwriting programs of QBE and the former Praetorian Financial Group and North Pointe Insurance Company. QBE Specialty is recognized by long-term partnerships, ability to execute quickly on new opportunities, and continuous delivery of quality products and services on both an admitted and non-admitted basis. QBE Specialty has a broad appetite across all lines of business, with significant expertise in property markets, and can offer products throughout all 50 states. The property portfolio focuses on middle market accounts for homogenous groups and niche classes and consists of a well balanced catastrophe and non-catastrophe exposed book. QBE Insurance companies are rated “A” (Excellent) by A.M. Best and “A+” by Standard & Poor’s.
Please click these links to find out more about QBE:
http://group.qbe.com/Insurance.html
Standard & Poor's assigns QBE Specialty Insurance Co. an 'A+/Stable' rating |
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Zurich:
Zurich Program provides specialized insurance to small- and mid-sized commercial and professional markets. Zurich Program, part of Zurich Financial Services Group (Zurich), is an insurance-based financial services provider with a global network of subsidiaries and offices in North America and Europe as well as in Asia Pacific, Latin America and other markets. Founded in 1872, the Group is headquartered in Zurich, Switzerland. It employs approximately 60,000 people serving customers in more than 170 countries. In North America, Zurich is a leading commercial property-casualty provides specialized insurance to small- and mid-sized commercial and professional markets. Steadfast Insurance Company (a member of Zurich Financial (a member of Zurich Financial Services) is rated “A+” (Superior) by A.M. Best and Standard & Poor's Rating (AA-).
Please click this link to find out more about Zurich:
http://www.ZurichNA.com |
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| Princeton E&S:
For surplus lines products, AmRisc has been granted binding authority by The Princeton Excess and Surplus Lines Insurance Company (Princeton E&S), a Delaware insurer that is a subsidiary of Munich Re America Corporation (an eligible surplus lines insurer in all states except Delaware). Princeton E&S is not licensed as an insurer in any state except Delaware. Princeton Excess & Surplus Lines Ins Co (a member of Munich Reinsurance Company) is rated “A+” (Superior) by A.M. Best and Standard & Poor's Rating (AA-). |
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