Trending...
- Desert Mountain Club Earns Prestigious Blue Zones Approved™ Triple Designation, a New Standard for Well-Being in a Luxury Lifestyle Community
- CNCPW Divulga Dados de Liquidez do 1º Trimestre: Confirma 100% de Reservas e Atualiza Protocolos de "Saque CNCPW" Contra Fluxos Ilícitos
- HELM Audio™ Partners with PQCrypto to Future-Proof Children's Hearing and Safety Data Using Post-Quantum Cryptography
CHARLOTTE, N.C., Nov. 2, 2023 ~ For the second consecutive year, Amwins, a global distributor of specialty insurance products and services, has received AM Best's highest assessment score for its delegated underwriting authority enterprises (DUAEs). This score is the result of AM Best's Performance Assessment (PA) for Delegated Underwriting Authority Enterprises (DUAEs), which is a comprehensive analysis consisting of quantitative and qualitative assessments.
Scott Purviance, chief executive officer at Amwins, commented on the achievement: "At Amwins, we've worked diligently to fortify our underwriting capabilities over the years. Through collaboration across various programs and platforms, we've aimed to deliver excellence to our esteemed carrier partners and clients. Our underwriting initiatives and diverse product portfolio have consistently upheld a reputation for providing meticulously data-driven solutions across multiple industries and business sectors."
Amwins has underwriting capabilities spread across multiple divisions and is a trusted partner to more than 100 markets. The firm boasts 550 dedicated underwriters that support more than 100 niche programs. Data and analytics are a crucial component of the Amwins underwriting approach and are embedded in their underwriting technology platform. Earlier this year, Amwins launched their comprehensive proprietary portfolio of data and analytics capabilities called Amwins DNA.
More on ncarol.com
Mark Bernacki, chief underwriting officer at Amwins, spoke about AM Best's innovative DUAE assessment methodology: "Amwins' focus on underwriting excellence and control is consistently applied and meticulously executed, and our stellar PA-1 score stands as a testament to the prowess of our underwriters, the technological proficiency within our organization, the strength of our financial and loss ratio performance and our unmatched access to both internal and external distribution networks."
AM Best recognizes the wide-ranging nature of strategic capabilities when assessing DUAEs. They consider the scale of a DUAE's competitive advantage, how such advantages will be sustained and leveraged as well as how new advantages are generated. In order to achieve their PA-1 score for two consecutive years now, Amwins has implemented innovative strategies in building and scaling their underwriting infrastructure and tools along with an experienced team of underwriters, actuaries and CAT modelers to deliver profitable results for their carrier partners.
Scott Purviance, chief executive officer at Amwins, commented on the achievement: "At Amwins, we've worked diligently to fortify our underwriting capabilities over the years. Through collaboration across various programs and platforms, we've aimed to deliver excellence to our esteemed carrier partners and clients. Our underwriting initiatives and diverse product portfolio have consistently upheld a reputation for providing meticulously data-driven solutions across multiple industries and business sectors."
Amwins has underwriting capabilities spread across multiple divisions and is a trusted partner to more than 100 markets. The firm boasts 550 dedicated underwriters that support more than 100 niche programs. Data and analytics are a crucial component of the Amwins underwriting approach and are embedded in their underwriting technology platform. Earlier this year, Amwins launched their comprehensive proprietary portfolio of data and analytics capabilities called Amwins DNA.
More on ncarol.com
- Roshni Online Services Unveils Plans for Innovative Digital Consultation Platform
- Regional Real Estate Powerhouse
- A Valentine's Experience at Project 1610
- Wall Street Is Missing This One: Cycurion (NAS DAQ: CYCU) Gets $7 Price Target While Trading at a Steep Discount
- Aries Industries Streamlines Sewer Inspection Process With Introduction of the LETS Sidewinder
Mark Bernacki, chief underwriting officer at Amwins, spoke about AM Best's innovative DUAE assessment methodology: "Amwins' focus on underwriting excellence and control is consistently applied and meticulously executed, and our stellar PA-1 score stands as a testament to the prowess of our underwriters, the technological proficiency within our organization, the strength of our financial and loss ratio performance and our unmatched access to both internal and external distribution networks."
AM Best recognizes the wide-ranging nature of strategic capabilities when assessing DUAEs. They consider the scale of a DUAE's competitive advantage, how such advantages will be sustained and leveraged as well as how new advantages are generated. In order to achieve their PA-1 score for two consecutive years now, Amwins has implemented innovative strategies in building and scaling their underwriting infrastructure and tools along with an experienced team of underwriters, actuaries and CAT modelers to deliver profitable results for their carrier partners.
Filed Under: Business
0 Comments
Latest on ncarol.com
- HELM Audio™ Partners with PQCrypto to Future-Proof Children's Hearing and Safety Data Using Post-Quantum Cryptography
- Wala Blegay to Announce Run for Congress in Maryland's 5th District on Feb. 4
- Nufabrx Raises $5M in Oversubscribed Round Led by Meltzer Capital
- Luxury Lake-View Home Launches in Kissimmee's Bellalago community, Offering Privacy, Space, and Florida Resort-Style Living
- Sleep Basil Launches Revamped Diamond Mattress Collection Page, Highlighting Performance, Craftsmanship, and Personalized Comfort
- Sleep Basil Curates a Clearer Brooklyn Bedding Experience for Performance-Minded Denver Sleepers
- Nevada Man Launches Nationwide Animal Abuse Registry
- Star-powered Kappa Takeover Weekend Returns to the DMV June 18- 21, 2026, Hosted By Comedian Joe Clair W/ Dj Quick Silva (the Party Kingpin)
- Scoop Social Co. Wins The Knot and WeddingWire Awards as Brand Expands Nationwide
- Denise Murphy Lenci Promoted to Century Fasteners Corp. – General Manager, Northeast Sales
- TiNY Puts Real Pets on the Payroll for New PetArmor Campaign
- P‑Wave Classics Launches Definitive New Edition of Hannah Webster Foster's The Coquette
- Strategic Expansion with 3 New Alliances — Jefferson Beach Yacht Sales, CFR YS & flyExclusive Incentive Partnership: Off The Hook YS: (N Y S E: OTH)
- Super League (N A S D A Q: SLE) Advances AI-Driven Playable Media with AdArcade, Solsten, and Meta-Stadiums Partnerships, Plus Roblox Theatre Launch
- purelyIV Expands Concierge Wellness Platform with New IV Therapies, Memberships, and Digital Experience
- CCHR: Europe Rejects Forced Psychiatry—Landmark Vote Declares Coercive Practices Incompatible with Human Rights
- Crossroads4Hope Kicks Off Its 25th Year of Caring with the Launch of Free Breast and Colorectal Cancer Resources for Patients and Families Nationwide
- OpenSSL Corporation Advisory Committees' Elections 2026: Voting Now Open
- Good Vibes Club and Instant IP Forge Strategic Partnership to Secure IP Brand Value in a Booming Digital Economy
- Inkdnylon Simplifies Digitizing and Vector Art Nationwide With Clear Pricing and Guided File Support