Skyward Specialty Expands E&S Property Coverage to Meet Market Demand
Skyward Specialty Insurance Group, Inc., a leader in the specialty property and casualty insurance industry, has announced the expansion of its Excess and Surplus (E&S) Property offerings by adding Excess coverage. This strategic move aligns with the company's objective to broaden its suite of E&S solutions and establish itself as a pivotal player in sectors where traditional insurance markets face regulatory compliance limitations.
The newly introduced capacity enables Skyward Specialty to address layered insurance programs for complex, non-catastrophe property risks effectively. This expansion reinforces its commitment to providing reliable solutions for challenging risk management portfolios. The development follows the appointment of Christopher Zitzmann as the head of the Inland Marine and Transactional E&S divisions, aiming to strengthen the company's influence in these specialized areas.
Leadership and Strategic Vision
Christopher Zitzmann, President of Inland Marine and Transactional E&S at Skyward Specialty, remarked, “As property risks evolve and surpass traditional market capacities, there is a growing demand for specialized excess solutions. Our portfolio expansion addresses a critical gap in the E&S property market, leveraging our underwriting expertise to meet capacity challenges without departing from our established risk appetite and disciplined approach.”
Innovative Growth and Industry Position
Skyward Specialty is recognized for its rapid growth and innovation within the specialty insurance sector. The company offers a wide range of commercial property and casualty products through both non-admitted and admitted channels. It operates through nine underwriting divisions, including Accident & Health, Agriculture and Credit (Re)insurance, Captives, Industry Solutions, Global Property, Professional Lines, Specialty Programs, Surety, and Transactional E&S. Listed on the Nasdaq Global Select Market, it maintains a strong position among Nasdaq’s leading companies.
The insurance agenda of Skyward Specialty is supported by several carriers, such as Houston Specialty Insurance Company, Imperium Insurance Company, Great Midwest Insurance Company, and Oklahoma Specialty Insurance Company. All are rated A (Excellent) by A.M. Best Company, underscoring their robust financial stability and compliance with regulatory requirements.
For further information, media representatives may contact Haley Doughty at 713-935-4944 or via email at hdoughty@skywardinsurance.com. Investors can reach out to Kevin Reed at 713-206-7860 or via email at kreed@skywardinsurance.com. Additional details about the company can be accessed at www.skywardinsurance.com.