Skyward Specialty Launches Aviation Program in Partnership With Acceleration Aviation
Skyward Specialty Insurance Group, Inc. (Nasdaq: SKWD) ("Skyward Specialty" or "the Company") has teamed up with Acceleration Aviation Underwriters, Inc. (“Acceleration Aviation”) to provide comprehensive coverage solutions tailored for a variety of aviation-related businesses.
This collaboration brings forth a strong program designed to cover commercial and general aviation aircraft, fixed base operators, flight schools, public and private airports, along with numerous other aviation enterprises.
Kirby Hill, president of Captives, Programs & Alternative Risk, stated, “Partnering with Acceleration Aviation allows us to deliver comprehensive and dependable solutions to an industry that has faced challenges in terms of capacity and coverage. Our entry into this market reflects our dedication to identifying and seizing growth opportunities that align with our strategy to serve underserved markets.”
Chris Jones, president of Acceleration Underwriters, expressed enthusiasm about the partnership, saying, “Our team at Acceleration Aviation is thrilled to leverage our expertise in aviation insurance alongside Skyward Specialty. We are eager to build a profitable portfolio of aviation insurance that will enhance Skyward Specialty’s already remarkable success in the P&C market.”
About Acceleration Aviation
Acceleration Aviation Underwriters specializes in aviation risk underwriting. Through its collaboration with Skyward, Acceleration focuses on general aviation accounts, including flight schools, commercial operations, personal use aircraft, and airport risks. Their underwriting is conducted by a team of experienced aviation specialists utilizing a nationwide network of independent agents.
About Skyward Specialty
Skyward Specialty is a rapidly expanding and innovative specialty insurance company that provides commercial property and casualty products and solutions on both non-admitted and admitted bases. 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 include Houston Specialty Insurance Company, Imperium Insurance Company, Great Midwest Insurance Company, and Oklahoma Specialty Insurance Company, all of which hold an A (Excellent) rating with a stable outlook from 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 focuses on offering comprehensive insurance coverage solutions for a range of aviation-related businesses.
What types of aviation businesses are covered?
This program provides coverage for commercial and general aviation aircraft, flight schools, fixed base operators, and various airport operations.
Who can benefit from this new program?
Aviation businesses such as flight schools, commercial operations, and personal aircraft owners can take advantage of this expanded coverage.
What is Skyward Specialty's approach to growth?
Skyward Specialty is committed to identifying underserved markets and leveraging growth opportunities within the specialty insurance sector.
Who should I contact for more information?
For media inquiries, please reach out to Haley Doughty at 713-935-4944. For investor inquiries, contact Natalie Schoolcraft at 614-494-4988.
