Boost Insurance, the insurance infrastructure platform, has partnered with Amwins Program Underwriters, part of Amwins Underwriting Division, to launch an enhanced, technology-enabled version of Lawyers Professional Liability (LPL) programs along with the re-launch of its Attorneys’ Select program.
The two long-standing LPL programs are LawGold and Firemark, with the business to be written on AM Best “A-” rated paper. The programs provide coverage for law firms with one to 40 attorneys. The Amwins LPL program is the first of several planned new programs to launch with Boost’s expanded capacity pool.
LawGold provides an admitted solution for firms with minimal loss history and Firemark provides admitted and non-admitted solutions for intellectual property lawyers. Attorneys’ Select will provide a non-admitted solution for hard-to-place law firms with difficult areas of practice, remediable claims histories or those needing minor retroactive date repair.
Ryan Armijo, President, Amwins Underwriting commented, “Partnering with Boost has enabled us to fill a market need and create a more competitive offering through expanded underwriting appetite and technology-focused infrastructure.
“Their platform is built for scale, so we look forward to growing our partnership, and working together to address new needs and opportunities in the insurance market.”
This collaboration aims to deliver best-in-class coverage with streamlined underwriting processes by combining deep market and product expertise with Boost’s highly scalable MGA Infrastructure Platform. The partnership produces optimal efficiency and even better results for policyholders and stakeholders across the program.
Alex Maffeo, Chief Executive Officer and Founder, Boost, concluded, “Amwins is a market leader in the specialty insurance space, with a strong distribution network already in place. We look forward to helping them scale an already successful program to even greater heights with the increased efficiency and automation enabled by the Boost platform, along with tapping into both of our established networks of reinsurance capacity.”
