Skyward Specialty Expands E&S Property Portfolio with New Coverage
Skyward Specialty Insurance Group, Inc. has enhanced its Excess and Surplus (E&S) Property portfolio with new Excess coverage, emphasizing its strategic focus on expanding specialty insurance offerings. By aiming to improve management of complex, non-catastrophe property risks through layered insurance programs, the company addresses markets where traditional insurance solutions fall short. This strategic move strengthens Skyward Specialty’s position in offering industry-specific solutions by addressing key regulatory compliance requirements. The expansion highlights Skyward Specialty's dedication to providing comprehensive E&S solutions, a key component of its "Rule Our Niche" strategy. Christopher Zitzmann has been appointed president of Inland Marine and Transactional E&S, focusing on developing specialized markets. This initiative responds to the growing complexity of property risks, increasing demand for tailored excess coverage solutions, and emphasizes the role of experienced underwriting teams in risk management. Zitzmann underscores the competitive landscape of the excess market, noting the company's strategy to leverage its underwriting expertise to address capacity issues while upholding a disciplined risk approach. "With property risks evolving beyond traditional market capabilities, we are addressing a significant gap with our expanded offering," he stated, reinforcing the significance of regulatory and compliance alignment in today’s market. Skyward Specialty, through its nine specialized underwriting divisions, covers domains like Accident & Health and Global Property, utilizing both admitted and non-admitted frameworks, with A (Excellent) financial ratings from A.M. Best. Further details on Skyward Specialty Insurance Group's offerings are available on their website. For media inquiries, contact Haley Doughty at 713-935-4944 or email Haley Doughty. For investor-related questions, reach out to Kevin Reed at 713-206-7860 or email Kevin Reed.