Amwins Specialty Casualty Solutions Launches New Liability Program
Fully delegated program includes excess liability and workers' compensation coverage.
Amwins Specialty Casualty Solutions (ASCS), a leading managing general agent (MGA) and specialty insurance program creator, has introduced its Public Entity Excess Casualty Program. This innovative program aims to tackle the ongoing challenges faced by public entities, providing comprehensive insurance solutions featuring unmatched expertise and flexible coverage options. With this launch, ASCS solidifies its role as a trusted partner for municipalities, schools, and special service districts, showing its dedication to addressing an increasingly complex and dynamic risk landscape.
Andrew Kay, president of Amwins Specialty Casualty Solutions, shared, "This program positions us as an industry leader in the public entity market. By adding this program to our portfolio, we empower public entities with a comprehensive solution for property, casualty, and workers' compensation coverage all under one roof. We’re meeting the growing demand for innovative risk management strategies in this sector."
Launched at a pivotal moment for public entities—a sector known for its unique risk challenges—this program directly responds to the well-documented difficulties these organizations encounter in securing tailored (re)insurance solutions. Supported by AM Best "A-" rated carriers and a sophisticated global reinsurer panel, ASCS offers flexible structures and stability for municipalities, educational institutions, and more.
Program Highlights
This extensive program offers standout features designed to support public entities in managing risk effectively. Here are key aspects that highlight its comprehensive nature:
- Extensive Coverage: Offers liability coverage of up to $3,000,000 per occurrence and workers' compensation coverage of up to $2,000,000 per occurrence. The program provides follow-form excess or reinsurance (with workers' compensation available only as reinsurance).
- Customizable Options: The program is flexible, allowing for a variety of attachments and structural features, including annual aggregate deductibles to meet premium targets.
- Diverse Classes Covered: This program caters to a range of entities, covering municipalities (including cities, counties, towns, and villages), public schools, community colleges, special service districts, and public housing authorities.
- Eligibility: Tailored for pools and individual risks, with a minimum self-insured retention (SIR) of $100,000 and a minimum premium requirement of $200,000 per account (share).
About Amwins Specialty Casualty Solutions
Amwins Specialty Casualty Solutions (ASCS) operates as an MGA and specialty insurance program creator, generating approximately $1 billion in annual premium within niche industries. By offering distinct solutions, ASCS supports clients in navigating the complexities of risk with assurance.
About Amwins
As the largest independent wholesale distributor of specialty insurance products in the United States, Amwins is committed to serving retail insurance agents with property and casualty products, specialty group benefits, and administrative services. The company, headquartered in Charlotte, North Carolina, operates over 155 offices globally and manages premium placements exceeding $39 billion annually.
For Additional Information
For any inquiries, please reach out to Amwins:
Contact: Lisa Kuszmar
Telephone: 704.749.2780
Frequently Asked Questions
What is the new program offered by Amwins Specialty Casualty Solutions?
The new program is the Public Entity Excess Casualty Program designed to provide essential insurance solutions for public entities.
Who can benefit from this program?
This program is tailored for municipalities, public schools, community colleges, and special service districts.
What are the key features of the program?
Key features include extensive coverage limits, customizable options, and diverse classes covered.
Is the program flexible in its coverage options?
Yes, the program offers various attachments and structural features, accommodating the specific needs of clients.
How does Amwins support clients in understanding their risks?
Amwins provides differentiated solutions to help clients navigate complex risk environments confidently.
