Reinsurance News

Amwins new A&E company to act as underwriting arm of its Group Benefits division

6th April 2023 - Author: Kassandra Jimenez-Sanchez

Amwins, a global distributor of specialty insurance products and services, has announced the launch of Amwins Accident & Health Underwriters.

AMWINSThis newly formed operating company acts as the underwriting arm of Amwins’ Group Benefits division and represents the integration of Beacon Risk Strategies, Strategic Underwriting Solutions (SUS) and Amwins Group Benefits Specialty Programs.

According to the announcement, Amwins Accident & Health Underwriters will continue offering expertise in stop-loss underwriting, risk-management consulting, specialty programs management and cost-containment solutions.

In addition, the combined entity will now be covering the full spectrum of stop-loss underwriting for groups of all sizes, including traditional and level-funded stop loss.

Wright Dickinson, president of large group underwriting at Amwins Accident & Health Underwriters, said: “This consolidation maximises the value Beacon, SUS, and our Specialty Programs team can bring to the market.

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“Simplifying our programs and processes helps our carrier partners and brokers while reinforcing our commitment to Amwins Group Benefits’ underwriting excellence.”

Vicki Schmelzer, president of small group underwriting at Amwins Accident & Health Underwriters, added: “We now have a way to market new programs through our A&H umbrella, combine our operational efforts, leverage each other’s capacity and get to know each other’s markets. It’s a way of making our overall MGU strategy more cohesive and stronger with our carrier partners.”

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