11/10/2017

AmWINS Exclusive Property Capacity

The catastrophic events that we have seen over the past few months will impact the affected areas for years to come. With consensus loss estimates close to $100 billion, the industry is facing historic, market-changing losses. While it’s too soon to determine the magnitude of this change, regardless of the impact of these events, AmWINS is well positioned to provide expertise, vital market access and capacity to help you solve the toughest risk management challenges. 

As the largest property wholesaler in the United States – with more than $2.6 billion in property premium placed annually – AmWINS works with you to secure the most unique and competitive solutions for your clients. AmWINS brokers have access to exclusive capacity including the following.

 

Exclusive Capacity:

  • AmWINS Special Risk Underwriters (SRU): SRU underwrites property risks on behalf of a panel of domestic and international carriers.  Broad classes and significant capacity.  These exclusive products that SRU provide are only available through your AmWINS property broker.
  • SRU Sidecar Facility: A new nationally available product that is designed to sit alongside our open market carrier partners on shared and layered property accounts as exclusive additional capacity.  Up to $50M+ capacity available
  • Velocity Risk Underwriters: Very limited access MGU with product and capacity covering all risk or named perils with a focus on risks with substantial catastrophe perils exposures of wind, earthquake and flood.  Capacity up to $70M per location; $300M per risk on all CAT exposed properties.  Additionally, AmWINS has exclusive access to their admitted condominium product.
  • Ventus Risk Management: An MGA focused on writing Catastrophe exposed SME accounts with light to moderate commercial occupancies. Target classes include but are not limited to: apartments, condominiums, light manufacturing, retail, public entities, restaurants, elder care facilities and mixed real estate.
  • Vikco - AmWINS has exclusive access to their admitted California earthquake capacity.

Additionally, We Provide:

    • AIR and RMS modelling
    • Claims advocacy team

 

AmWINS brokers maintain strong relationships with our established carriers at all levels. In addition, our specialists in commercial and habitational real estate, hospitality, construction/inland marine, transportation, energy risks, public entity and CAT-driven schedules provide insight and expertise that enable you to address clients’ unique needs.

Contact your AmWINS Property Broker for more detail. 

Contact Us

To learn more about how AmWINS can help you place coverage for your clients, reach out to your local AmWINS broker.  If you do not have a contact at AmWINS, please click here.

Legal Disclaimer. Views expressed here do not constitute legal advice. The information contained herein is for general guidance of matter only and not for the purpose of providing legal advice. Discussion of insurance policy language is descriptive only. Every policy has different policy language. Coverage afforded under any insurance policy issued is subject to individual policy terms and conditions. Please refer to your policy for the actual language.

(c) 2017 AmWINS Group, Inc.

Most Popular Insights

Why Your Employees' Driving Record Can Be a Reflection on Your Company

10/31/17

Due to the Doctrine of Negligent Entrustment, the consequences of allowing an employee with a poor driving record to operate any motor vehicle for work purposes extend beyond a possible traffic violation or accident. These seven tips will help you to proactively manage your drivers and maintain your CDL files as part of your fleet safety program.

CGL Exclusions Common To Construction-Related Claims

04/20/17

The Commercial General Liability policy (CGL) is an essential factor in the equation that consists of building planning, financing, construction, operation, and protection from risk. Standard ISO form CGL policies contain an insuring clause subject to long-standing exclusions, which have been the subject of interpretation and case law over the years. This article focuses on the operation of the form’s exclusions j, k, and l.

5 Risk Transfer Options for Owners and Developers

03/21/17

Owners and developers involved in construction projects must deal with the inherent risks involved with such projects. Their options are typically limited to avoiding, assuming, controlling/mitigating, or transferring the risk. This article addresses the most common risk transfer options.

8 Areas in which the Electronic Logging Mandate will Impact Trucking

01/26/17

The Federal Motor Carrier Safety Administration mandate which requires nearly all U.S. truck operators to use electronic logging devices (ELDs) to track duty status has been upheld in court and will take effect December 16, 2017. The mandate will impact not just the trucking industry, but the trucking insurance sector as well.

Additional Insured Endorsements – Which Apply?

Additional insured endorsements are not a universal remedy and coverage is contingent on making sure a written agreement or contract is in place, with the named insured specifically adding the people or organizations included.

Four Factors that Determine Pricing For Liquor Liability Insurance Coverage

Liquor liability is a complex coverage that is becoming increasingly difficult to procure, but with a proper understanding of the type of risk, venue and location, you can more effectively position your clients for success with underwriters.

Sign Up For Our Weekly Newsletter

Sign Up