Oak Ridge, TN, July 12, 2012 --(PR.com
)-- Appalachian Underwriters, Inc. (AUI) has been appointed by Glencar Underwriting Managers to offer a program in Workers’ Compensation, General Liability and Auto coverage. Appalachian Underwriters is a licensed national Managing General Agency, and Glencar Underwriting Managers, Inc. is a Managing General Underwriting facility that produces, underwrites, and manages specialty, property/casualty program business, on both admitted and non-admitted basis, in the U.S. market.
The two companies have developed an attractive program designed to offer coverage in states that follow the AUI growth strategy in all three lines of business. The admitted business will be written on HDI-Gerling America Insurance paper (AM Best A; size XV). The non-admitted business will be written on International Insurance Company of Hannover Limited (Inter Hannover) paper (AM Best A (Excellent); size XV) of which Inter Hannover will specifically underwrite commercial general liability (artisan contractors) lines of business.
“Glencar’s appetite for Commercial P&C business with an emphasis on small to mid-sized programs offers us the opportunity to develop a program that is designed to meet our agents’ needs that will help us service them even better. We’re excited about the new opportunity with Glencar and are always striving to offer our clients the best in the market. We look forward to utilizing their products to create more coverage options for our agents and insureds,” said Bob Arowood, President, Appalachian Underwriters, Inc.
The program focuses specialized and niche business in the construction, manufacturing, services, and retail fields. The program will give the AUI agent more market coverage to fit their needs as we attempt to enhance our product offering.
“We are looking forward to a strong, long term relationship with AUI. With their advanced systems, underwriting expertise and commitment to excellent customer service, they meet or exceed any Insurance carrier’s ideal for an MGA partner,” says Steve Fitzpatrick, President of Glencar Underwriting Managers.
The partnership fits the strategic growth strategy for Appalachian Underwriters, and presents additional markets and products that will be essential to serving all of our clients across the country.
Appalachian Underwriters, Inc. is a full-service MGA and wholesale insurance brokerage, providing independent agents a national outlet to multiple specialized markets for Workers’ Compensation, Commercial Specialty, and Personal Lines of insurance. To learn more about Appalachian Underwriters, Inc., please visit www.appund.com.