Origin Specialty Underwriters Launches New Division
Origin Specialty Underwriters Agency, LLC (NASDAQ: COOT), renowned for its exceptional service as a national Managing General Agent (MGA), has announced an exciting addition to its offerings: Origin Captive Solutions. This division is specifically designed to provide comprehensive risk management solutions, particularly for middle-market companies in the restaurant, hospitality, and construction industries.
The Purpose Behind Origin Captive Solutions
With the formation of Origin Captive Solutions, the aim is to empower businesses by providing tailored captive insurance solutions. This initiative will allow clients greater control over their risks and enhance their insurance management capabilities. By leveraging the expertise of a multi-disciplinary team consisting of seasoned underwriters, actuaries, Certified Public Accountants, and captive professionals, Origin Specialty is poised to meet diverse client needs.
Leadership at Origin Captive Solutions
At the helm of this new division is Managing Director Daniel Rossen, JD CPCU ARe, who brings a wealth of experience. He states that the primary focus will be to provide property solutions underpinned by AM Best rated paper. This strategic approach allows clients to retain risk while fulfilling lender requirements, enabling them to manage risks effectively rather than merely engaging in financial exchanges with traditional insurance carriers.
Enhanced Services for Partners and Clients
Rossen’s insights highlight the growing demand among clients wishing to retain property risk but facing obstacles due to lender stipulations. He expresses enthusiasm for utilizing Origin Captive Solutions to navigate these challenges successfully. The collaborative synergy between Origin Specialty and GPW & Associates enriches the experience offered to clients, as both entities combine decades of experience in creative insurance solutions.
Cultivating Innovations in Risk Management
Neno Djordjevic, CIC, CRM, President of Origin Specialty, shares his excitement about the potential innovations this collaboration can yield for partners. The union of innovative thinking and comprehensive experience positions Origin Captive Solutions to develop unique products that address the specific needs of its clientele.
A Vision for the Future
Charlie Acosta, EVP and Head of Underwriting at Origin Specialty, emphasizes that creating Origin Captive Solutions marks a significant milestone in their evolution as a leading underwriter within the industry. The division is set to redefine the landscape of captive insurance, providing solutions that truly resonate with clients' needs.
Invitation to Explore New Opportunities
For those intrigued by the innovative offerings of Origin Captive Solutions, there is an invitation to learn more and engage with their team. Interested parties are encouraged to reach out and explore how these new developments can serve their unique requirements.
About Origin Specialty
Origin Specialty, a proud subsidiary of Beyond Risk, aspires to be the foremost specialty insurance provider catering to small and mid-sized risks. Their expertise spans various sectors, including restaurants, hospitality, excavation, and workers' compensation programs. The company leverages its comprehensive understanding of client needs to deliver innovative insurance product solutions while safeguarding against multifaceted risks.
About GPW & Associates
GPW, also a Beyond Risk company, focuses on addressing risk management requirements and delivers a distinctive combination of services, including captive and reinsurance management, accounting, tax compliance, and actuarial services, all within a single platform. This holistic approach allows GPW to provide efficient and comprehensive solutions for their clients.
About Beyond Risk
Beyond Risk was founded with a vision to be the most extensive independent provider of risk management solutions, dedicated to supporting middle-market and small to mid-sized business clients in their risk management strategies. The organization's core values, such as transparency, trust, and integrity, not only define their operational standards but also contribute significantly to their success in building lasting relationships with clients.
Frequently Asked Questions
What is Origin Captive Solutions?
Origin Captive Solutions is a new division launched by Origin Specialty Underwriters designed to offer tailored captive insurance solutions for middle-market companies.
Who leads the Origin Captive Solutions division?
Daniel Rossen, JD CPCU ARe, serves as the Managing Director of Origin Captive Solutions, leading a team of professionals in creating innovative risk management solutions.
What industries does Origin Specialty focus on?
Origin Specialty focuses primarily on the restaurant, hospitality, and construction industries, offering specialized insurance solutions for these sectors.
How can clients engage with Origin Captive Solutions?
Clients interested in learning more about Origin Captive Solutions can visit their official website or reach out directly to their team for inquiries and submissions.
What is the background of Beyond Risk?
Beyond Risk is a company established to provide independent risk management solutions, focusing on helping small and mid-sized businesses manage their risks effectively.
