Amwins Launches Excess Casualty Sidecar Program to Broaden Industry Coverage
Amwins Special Risk Underwriters (SRU) has expanded its insurance offerings with the launch of a new Excess Casualty Sidecar Program, specifically tailored to meet the diverse needs of various industries across the United States.
This new program, available exclusively through Amwins brokers, provides follow-form excess liability coverage on a quota-share basis. This arrangement allows for increased flexibility and enhanced protection for clients, which is crucial in adapting to the vicissitudes of today's casualty market.
The program boasts a broad industry appetite, the ability to ventilate capacity, and is accessible nationwide, ensuring that businesses in different sectors can secure robust coverage that aligns with their unique risk profiles. As highlighted by Mark Bernacki, Amwins Chief Underwriting Officer, this move marks SRU's entry into multi-industry casualty products, reflecting their commitment to evolving market demands by offering solutions that facilitate increased capacity and seamless capacity gap management for their brokers and carrier partners.