Skyward Specialty Aviation Program Partnership Announcement
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Skyward Specialty Launches Aviation Program in Partnership With Acceleration Aviation
Skyward Specialty Insurance Group, Inc. (Nasdaq: SKWD) ("Skyward Specialty" or "the Company"), a leader in the specialty property and casualty (P&C) market, has partnered with Acceleration Aviation Underwriters, Inc. (“Acceleration Aviation”) to bring comprehensive coverage solutions to an array of aviation-related businesses.
The partnership introduces a robust program that extends coverage to commercial and general aviation aircraft, fixed based operators, flight schools, public and private airports, and various other aviation enterprises.
Kirby Hill, president, Captives, Programs & Alternative Risk commented, “Joining forces with Acceleration Aviation enables us to offer comprehensive, reliable solutions to an industry where adequately addressing capacity and coverage has been a challenge. Our entry into this market demonstrates our commitment to identifying and capitalizing on growth opportunities that align with our strategy to reach underserved markets.”
Chris Jones, president of Acceleration Underwriters, states, “Our team at Acceleration Aviation is excited to bring our expertise in aviation insurance to our partnership with Skyward Specialty. We look forward to growing a profitable book of aviation insurance business to contribute to Skyward Specialty’s already impressive success in the P&C market.”
About Acceleration Aviation
Acceleration Aviation Underwriters is an agency specializing in aviation risk underwriting. Through its partnership with Skyward, Acceleration focuses on general aviation accounts including flight schools, commercial operations, personal use aircraft, and airport risks. Underwriting is performed by its staff of experienced aviation specialists utilizing a nationwide network of independent agents.
About Skyward Specialty
Skyward Specialty is a rapidly growing and innovative specialty insurance company, delivering commercial property and casualty products and solutions on a non-admitted and admitted basis. The Company operates through eight underwriting divisions -- Accident & Health, Captives, Global Property & Agriculture, Industry Solutions, Professional Lines, Programs, Surety, and Transactional E&S.
Skyward Specialty's subsidiary insurance companies consist of Houston Specialty Insurance Company, Imperium Insurance Company, Great Midwest Insurance Company, and Oklahoma Specialty Insurance Company, all rated A (Excellent) with a stable outlook by A.M. Best Company.
Media Contact
Haley Doughty
Skyward Specialty Insurance Group
713-935-4944
hdoughty@skywardinsurance.com
Investor Contact
Natalie Schoolcraft
Skyward Specialty Insurance Group
614-494-4988
nschoolcraft@skywardinsurance.com
Frequently Asked Questions
What is the new partnership about?
The partnership between Skyward Specialty and Acceleration Aviation aims to provide comprehensive insurance coverage solutions for various aviation-related businesses.
What types of aviation businesses are covered?
The program covers commercial and general aviation aircraft, flight schools, fixed based operators, and various airport operations.
Who can benefit from this new program?
Aviation businesses including flight schools, commercial operations, and personal aircraft owners can benefit from this expanded coverage.
What is Skyward Specialty's approach to growth?
Skyward Specialty aims to identify underserved markets and capitalize on growth opportunities in the specialty insurance sector.
Who should I contact for more information?
For media inquiries, contact Haley Doughty at 713-935-4944. For investor inquiries, contact Natalie Schoolcraft at 614-494-4988.
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