Specialty coverage
Amwins
Amwins is a specialty insurance distributor that works through retail agents and brokers rather than with insureds directly. It places property, casualty, and specialty risks in the excess and surplus market, offers admitted placement services, and underwrites its own MGA specialty programs.
The firm is organized into five core divisions with expertise spanning 12 industry and risk specialty practices and more than 130 underwriting programs, supported by group benefits distribution and by analytics the firm uses in placement decisions. Retail agents bring an account to a broker or program, and named practice areas include construction and builder's risk, real estate, manufacturing and distribution, and other specialty classes.
Amwins reports $48.8 billion in annual premium placements, more than 44,000 underwriter relationships, more than 36,000 retail agency relationships, and 2.2 million submissions received each year. In 2022 it became the first company to receive AM Best's highest PA-1 performance assessment for delegated underwriting authority enterprises, and at that time it reported $4.1 billion in underwritten premium volume, 550 dedicated underwriters, and more than 100 niche programs.
Because Amwins distributes through retail agents, an owner cannot buy from it directly, and appetite, carrier paper, and admitted or non-admitted status differ program by program, so the retail agent should confirm which market an account is going to.
Best for
Retail insurance agents and brokers who need excess and surplus or program capacity for habitational, catastrophe-exposed, or hard-to-place accounts; property owners cannot buy direct and must go through their own retail agent.
What they do
- Wholesale brokerage for excess and surplus risks
- Admitted market placement services
- MGA specialty programs
- Property and casualty placement
- Group benefits distribution
- Underwriting programs across 12 specialty practices
- Market analytics and intelligence for retail agents
Details
| Attribute | Value |
|---|---|
| Memberships | AM Best DUAE Performance Assessment: PA-1 (2022) |
What stands out
- Reports $48.8 billion in annual premium placements, 44,000+ underwriter relationships, and 36,000+ retail agency relationships.
- Receives 2.2 million submissions a year, across five core divisions and more than 130 underwriting programs.
- First company to receive AM Best's highest PA-1 delegated underwriting authority performance assessment, in 2022.
- At the time of that assessment reported 550 dedicated underwriters, more than 100 niche programs, and $4.1 billion in underwritten premium.