Because independent agents often struggle to place small business risks in a fast, efficient and affordable manner, AmWINS has formed a fifth division: AmWINS Access, dedicated to serving accounts that fall below typical brokerage minimum premiums.
PRODUCT: Exclusively small business
COMPANY: AmWINS Access, a new division of AmWINS Group, Inc.
BEST RATING: A (Excellent)
AVAILABILITY: Agents appointed with an AmWINS office or entity can submit business to AmWINS Access. Any independent agent may apply for AmWINS appointment.
FOCUS: Seeing an untapped potential in writing small accounts, AmWINS spent the last two years searching for a way to improve its ability to provide quick and competitive small business solutions. Because independent agents often struggle to place small business risks in a fast, efficient and affordable manner, AmWINS recognized that handling small business accounts profitably is much different for large accounts—and that it comes with its own unique challenges.
In response, AmWINS has formed a fifth division: AmWINS Access. Dedicated to serving small business clients, the new division is designed to complement the company’s existing p-c operations and demonstrate the firm’s commitment to specialization and its impact on the client experience. When it comes to small business, agents must make a profit quickly and easily. AmWINS Access tackles that challenge head-on with a primary focus on accounts that fall below the typical brokerage minimum premiums, specifically those less than $10,000. The new division offers a broad range of markets to get agents the solutions they need—and fast.
By bringing together expert underwriters from Gresham & Associates, Bliss & Glennon, RISC and AmWINS, the company created a single, nationwide binding authority built on trust and speed. Armed with extensive market relationships and cutting-edge technology, AmWINS Access provides a broader platform for small account distribution while delivering competitive solutions quickly and easily. In addition, AmWINS is making significant investments in technology to simplify and accelerate handling small business. AmWINS Access combines this technology with its product expertise on a national scale to provide a solution for independent agents.
Highlights of the new division include:
- 22 branches with teams dedicated to writing small accounts
- 20+ “A”-rated market agreements to provide national access with regional expertise
- 91 underwriters with an average industry experience exceeding 10 years
- 70,000 accounts placed annually, totaling more than $300 million in premium
MINIMUM PREMIUM: $500-$1,000.
TARGET: AmWINS Access can provide small business solutions for retailers of any size, but typical clients are small independent insurance agents.
COVERAGE TERRITORY: All 50 states and Washington, D.C.
CONTACT: John Cooper, vice president; AmWINS Access, 4725 Piedmont Row Drive, Suite 600, Charlotte, NC 28210; 704‐943‐2008.
Amy Skidmore is an IA contributor.
