Trending...
- UK Financial Ltd Completes One Of The Most Extensive CoinMarketCap Supply Verification Packages For Maya Preferred PRA (MPRA)
- A New Pulse for Cardiac Care in Baltimore: St. Elizabeth Rehab & Nursing Welcomes Dr. Hakim Uqdah and Expands Advanced Heart Program
- Custom Disposables - Wholesale Packaging Solutions for restaurants, food chains, and food distributors
Amwins is first to receive AM Best's PA-1 score, reflecting the highest standards for underwriting excellence
CHARLOTTE, N.C., Oct. 3, 2022 /PRNewswire/ -- 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) across the firm. Launched this year, AM Best's Performance Assessment (PA) for Delegated Underwriting Authority Enterprises (DUAEs) is a comprehensive analysis consisting of quantitative and qualitative assessments of Underwriting Capabilities, Governance and Internal Controls, Financial Condition, Organizational Talent and Depth and Breadth of Relationships. PA scores range from the highest (PA-1) to lowest (PA-5), and Amwins is the first PA-1 score granted to any of AM Best's clients.
"Amwins has invested significantly in our underwriting capabilities over the last several years, working across programs and platforms to deliver the best for our carrier partners and our clients," said Scott Purviance, chief executive officer at Amwins. "Those who think of Amwins as a brokerage business would be surprised to know we underwrite $4.1B in premium volume. Our underwriting programs and products have established a track record for providing data-backed solutions across multiple industries and lines of business serving clients of all shapes and sizes."
More on ncarol.com
With underwriting capabilities spread across multiple divisions, Amwins is a trusted partner to more than 100 markets and 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 our underwriting technology platform.
"AM Best's new DUAE assessment methodology provides a platform for MGUs seeking to differentiate themselves in the industry," said Mark Bernacki, chief underwriting officer at Amwins. "Collaboration across key Amwins touchpoints paints a compelling picture of the strength of our underwriting capabilities, and our PA-1 score shows how capable our underwriters and DUAEs are, the technology capabilities we have in-house, the strength of our financial and loss ratio performance and our unparalleled access to internal and external distribution networks."
AM Best recognizes the wide-ranging nature of strategic capabilities and considers the scale of a DUAE's competitive advantage, how such advantages will be sustained and leveraged and how new advantages are generated. Amwins implements innovative strategies in building and scaling our underwriting infrastructure and tools, along with our experienced team of underwriters, actuaries and CAT modelers to deliver profitable underwriting results for our carrier partners.
More on ncarol.com
About Amwins
Amwins is the largest independent wholesale distributor of specialty insurance products in the U.S., dedicated to serving retail insurance agents by providing property and casualty products, specialty group benefit products, and administrative services. Based in Charlotte, N.C., the company operates through more than 155 offices globally and handles premium placements in excess of $29.3 billion annually.
About AM Best
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City.
For further information contact:
Amwins
Patrick Smith
Telephone: 704.826.2723
Email: [email protected]
SOURCE Amwins
CHARLOTTE, N.C., Oct. 3, 2022 /PRNewswire/ -- 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) across the firm. Launched this year, AM Best's Performance Assessment (PA) for Delegated Underwriting Authority Enterprises (DUAEs) is a comprehensive analysis consisting of quantitative and qualitative assessments of Underwriting Capabilities, Governance and Internal Controls, Financial Condition, Organizational Talent and Depth and Breadth of Relationships. PA scores range from the highest (PA-1) to lowest (PA-5), and Amwins is the first PA-1 score granted to any of AM Best's clients.
"Amwins has invested significantly in our underwriting capabilities over the last several years, working across programs and platforms to deliver the best for our carrier partners and our clients," said Scott Purviance, chief executive officer at Amwins. "Those who think of Amwins as a brokerage business would be surprised to know we underwrite $4.1B in premium volume. Our underwriting programs and products have established a track record for providing data-backed solutions across multiple industries and lines of business serving clients of all shapes and sizes."
More on ncarol.com
- DuoKey Launches Quantum Risk Score to Help Enterprises Prioritise Post-Quantum Cryptography Migration
- Top 5 Most Reliable Used Vans in the UK in 2026
- Dominican Fashion Designer Raiza Bonaparte presents the Sovereign Despampanante Collection at the Library of Congress
- What Happens When Congress Says No? New Book Examines the Boland Amendments, Iran-Contra Affair & Jamaican Posse, as US Congress Debate Over Military
- Alvear Homes Shares Insights on Building Stronger Neighborhood Connections Across NC & SC
With underwriting capabilities spread across multiple divisions, Amwins is a trusted partner to more than 100 markets and 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 our underwriting technology platform.
"AM Best's new DUAE assessment methodology provides a platform for MGUs seeking to differentiate themselves in the industry," said Mark Bernacki, chief underwriting officer at Amwins. "Collaboration across key Amwins touchpoints paints a compelling picture of the strength of our underwriting capabilities, and our PA-1 score shows how capable our underwriters and DUAEs are, the technology capabilities we have in-house, the strength of our financial and loss ratio performance and our unparalleled access to internal and external distribution networks."
AM Best recognizes the wide-ranging nature of strategic capabilities and considers the scale of a DUAE's competitive advantage, how such advantages will be sustained and leveraged and how new advantages are generated. Amwins implements innovative strategies in building and scaling our underwriting infrastructure and tools, along with our experienced team of underwriters, actuaries and CAT modelers to deliver profitable underwriting results for our carrier partners.
More on ncarol.com
- Warm, Dry Summer Forecast Points to a Stronger Wasp and Yellowjacket Season Across the Pacific Northwest
- Qscription Technologies Appoints Anurag Velekkatt Sunil Kumar to Drive Enterprise Scale
- SafeBets Named Presenting Sponsor of IMCX 2026, Bringing Its No-Deposit Prediction Platform to the Creator Economy's Deal-Making Conference
- A New Pulse for Cardiac Care in Baltimore: St. Elizabeth Rehab & Nursing Welcomes Dr. Hakim Uqdah and Expands Advanced Heart Program
- Inframark–Slater Joint Venture Selected to Manage Fulton County Wastewater Operations
About Amwins
Amwins is the largest independent wholesale distributor of specialty insurance products in the U.S., dedicated to serving retail insurance agents by providing property and casualty products, specialty group benefit products, and administrative services. Based in Charlotte, N.C., the company operates through more than 155 offices globally and handles premium placements in excess of $29.3 billion annually.
About AM Best
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City.
For further information contact:
Amwins
Patrick Smith
Telephone: 704.826.2723
Email: [email protected]
SOURCE Amwins
Filed Under: Business
0 Comments
Latest on ncarol.com
- STO Foundation Launching June 29, 2026 to Advance the Global Tokenization Industry
- Bridging Nature, Spirituality, and Community: Wild Hermit Wellness Expands Its Mission Worldwide
- West Virginia Leaders Announce Support for Election Integrity Network's Model Election Laws Handbook
- Celebrate National Hug A Lawyer Day on June 13
- Embracing Tranquility and Serenity
- CCHR Condemns Behavioral Treatment After FDA's Missed Deadline to Ban Shock Device
- Brilliant Minds to Gather in Fort Worth for National Mensa Event
- Drivin N Cryin at 40: A Spit Shine that Sparkles Differently | Visulite | June 12, 2026 | by Derek Farley
- UK Financial Ltd Completes One Of The Most Extensive CoinMarketCap Supply Verification Packages For Maya Preferred PRA (MPRA)
- A Healthier Home Publishes New EnviroVention™ E-Book
- Data Tiles Strengthens U.S. Presence with Chief Revenue Officer John Goode
- Haven Media Solutions Offers Web Design and PPC Services in Atlanta GA
- New Children's Book Celebrates the Limb Difference Community
- TREND Network Announces Miami Based Reality Series "Coming Up Miami" Premiering July 1
- High Point Girl Scout Troop Helps Transform Community Garden at Senior Living Community
- Beemok Hospitality Collection And KLH Group Announce Preferred Partnership
- Expanding Access to Mental Health Care in Toronto with Dr. Stephen Shainbart
- Dr. Stephen Shainbart Launches Expanded Mental Health Support for Anxiety and Depression in Toronto
- Equipment Leases, Inc. Launches Updated Family Office Equipment Financing Page
- Tickets now available for October 3rd Awadagin Pratt concert at the Tryon Fine Arts Center