Trending...
- Diversified Roofing Solutions Strengthens Industry Leadership With Expanded Roofing Services Across South Florida
- Conexwest Delivers Custom Shipping Container MRI Lab, Saving California Hospital an Estimated $9 Million in Renovation Costs
- Atlanta Magazine Names Dr. Rashad Richey One of Atlanta's Most Influential Leaders in 2026 as the FIFA World Cup Approaches
CHARLOTTE, N.C., Nov. 7, 2024 ~ Amwins, a leading distributor of specialty insurance products and services, has once again proven its commitment to underwriting excellence by achieving AM Best's highest assessment score for its delegated underwriting authority enterprises (DUAEs) across the firm. This marks the third consecutive year that Amwins has secured the prestigious PA-1 rating.
Introduced in 2022, AM Best's Performance Assessment (PA) for Delegated Underwriting Authority Enterprises (DUAEs) is a comprehensive evaluation that takes into account both quantitative and qualitative aspects such as underwriting capabilities, governance and internal controls, financial health, organizational talent, and the breadth and depth of relationships. The PA scores range from PA-1, the highest, to PA-5, the lowest. Amwins is proud to be the only firm among AM Best's clients to have earned a PA-1 score.
Scott Purviance, chief executive officer at Amwins, expressed his pride in receiving AM Best's highest assessment once again. He attributed this achievement to the dedication and collaborative spirit that drives Amwins. With a robust underwriting portfolio of over $5.2 billion in premium volume, Amwins prides itself on its data-driven underwriting platform that allows them to provide customized solutions for their retail clients while also delivering appropriate returns for their carrier partners.
More on ncarol.com
Amwins' underwriting strength spans multiple divisions and has fostered partnerships with over 100 markets. They have a network of 550 specialized underwriters supporting more than 120 niche programs. The company places great emphasis on data and analytics and has integrated it into their strategy through their proprietary Amwins DNA platform launched last year. This comprehensive suite of data and analytics capabilities sets Amwins apart within the wholesale insurance industry.
Mark Bernacki, chief underwriting officer at Amwins, highlighted how AM Best's DUAE assessment provides a unique benchmark for MGUs to showcase their industry leadership. He credited their PA-1 rating to the excellence demonstrated by their underwriters, the strategic deployment of their technological assets, and their strong financial performance. These factors combined reinforce Amwins' unmatched distribution network.
AM Best's analysis recognizes the extensive strategic capabilities required for competitive advantage and emphasizes how these capabilities are sustained, leveraged, and expanded. Amwins continues to leverage innovative strategies, advanced infrastructure, and an expert team of underwriters, actuaries, and CAT modelers to achieve profitable outcomes for its carrier partners. This recognition from AM Best further solidifies Amwins' position as a leader in the insurance industry.
Introduced in 2022, AM Best's Performance Assessment (PA) for Delegated Underwriting Authority Enterprises (DUAEs) is a comprehensive evaluation that takes into account both quantitative and qualitative aspects such as underwriting capabilities, governance and internal controls, financial health, organizational talent, and the breadth and depth of relationships. The PA scores range from PA-1, the highest, to PA-5, the lowest. Amwins is proud to be the only firm among AM Best's clients to have earned a PA-1 score.
Scott Purviance, chief executive officer at Amwins, expressed his pride in receiving AM Best's highest assessment once again. He attributed this achievement to the dedication and collaborative spirit that drives Amwins. With a robust underwriting portfolio of over $5.2 billion in premium volume, Amwins prides itself on its data-driven underwriting platform that allows them to provide customized solutions for their retail clients while also delivering appropriate returns for their carrier partners.
More on ncarol.com
- UK Financial Ltd Sets February 27 CATEX Debut for VENUS Coin, Opening Limited Early Access Through MayaPro Wallet
- Ice Melts. Clean Water Fails. A Startup Thinks It Has the Fix
- Delay In Federal Disaster Assistance Causing Failure Of Small Business In Disaster Areas
- Capsadyn® Launches on Amazon, Offering Non-Burning Capsaicin Pain Relief
- When Representation No Longer Reflects the District — Why I'm Voting for Pete Verbica
Amwins' underwriting strength spans multiple divisions and has fostered partnerships with over 100 markets. They have a network of 550 specialized underwriters supporting more than 120 niche programs. The company places great emphasis on data and analytics and has integrated it into their strategy through their proprietary Amwins DNA platform launched last year. This comprehensive suite of data and analytics capabilities sets Amwins apart within the wholesale insurance industry.
Mark Bernacki, chief underwriting officer at Amwins, highlighted how AM Best's DUAE assessment provides a unique benchmark for MGUs to showcase their industry leadership. He credited their PA-1 rating to the excellence demonstrated by their underwriters, the strategic deployment of their technological assets, and their strong financial performance. These factors combined reinforce Amwins' unmatched distribution network.
AM Best's analysis recognizes the extensive strategic capabilities required for competitive advantage and emphasizes how these capabilities are sustained, leveraged, and expanded. Amwins continues to leverage innovative strategies, advanced infrastructure, and an expert team of underwriters, actuaries, and CAT modelers to achieve profitable outcomes for its carrier partners. This recognition from AM Best further solidifies Amwins' position as a leader in the insurance industry.
Filed Under: Business
0 Comments
Latest on ncarol.com
- Mountaineer Heating & Cooling Announces Expanded HVAC Services for High Country Homes and Businesses
- Revolutionary Data Solution Transforms Health Insurance Underwriting Accuracy
- $36 Million LOI to Acquire High Value Assets from Vivakor Inc in Oklahoma's STACK Play — Building Cash Flow and Scalable Power Infrastructure; $OLOX
- Kobie Wins for AI Innovations in the 2026 Stevie® Awards for Sales & Customer Service
- Berman | Sobin | Gross LLP Celebrates 35 Years of Advocating for Maryland's Injured Workers and Families
- Art of Whiskey Hosts 3rd Annual San Francisco Tasting Experience During Super Bowl Week
- PADT Earns Prestigious 2025 Americas Customer Loyalty Award from Ansys, Part of Synopsys
- Florida Keys Visitors Can Save 15 Percent With KeysCaribbean's Advanced Booking Discount
- Sleep Basil Unveils Revamped Natural Latex Mattress Collection Page for Cooler, Cleaner, Better-Aligned Sleep
- Conexwest Delivers Custom Shipping Container MRI Lab, Saving California Hospital an Estimated $9 Million in Renovation Costs
- DASH Carolina RDU Sets the Pace in 2025 with Record-Breaking Sales and Team Excellence
- Wespor Business Launches AI Voice and Chat Agents to Help Triangle Small Businesses Capture Missed Leads
- America's Boating Club Ushers in New Board at Change of Watch
- FDA Meeting Indicates a pivotal development that could redefine the treatment landscape for suicidal depression via NRx Pharmaceuticals: $NRXP
- $2.7 Million 2025 Revenue; All Time Record Sales Growth; 6 Profitable Quarters for Homebuilding Industry: Innovative Designs (Stock Symbol: IVDN)
- CCHR: Decades of Warnings, Persistent Inaction; Studies Raise New Alarms on Psychiatric Drug Safety
- PRÝNCESS Builds Anticipation With "My Nerves" — A Girls-Girl Anthem
- Arbutus Medical Raises C$9.3M to Accelerate Growth of Surgical Workflow Solutions Outside the OR
- From Sleepless Nights to Sold-Out Drops: Catch Phrase Poet's First Year Redefining Motivational Urban Apparel
- Cold. Clean. Anywhere. Meet FrostSkin