Mission Underwriting Managers has launched its technology-powered platform to bring innovation to the property and casualty underwriting and distribution market.
The company will act as a licensed insurance general agency with a broad focus across the commercial lines segment.
The platform was created due to the insurance market experiencing major disruption, which created opportunities for teams to serve new customers.
Yet building, running, and scaling an underwriting business has remained out of reach for many due to bureaucratic processes and misaligned risk incentives.
“Mission Underwriters is a platform that provides underwriting teams a turn-key experience, allowing them to concentrate on their business, unencumbered,” said Keith Higdon, CEO of Mission Underwriters.
“We look forward to working with entrepreneurial underwriters who seek a path to establishing their units under the Mission Underwriters approach.”
Higdon is an insurance executive and operator with over 25 years of experience building dynamic and growth-oriented insurance enterprises.
The team has been built around a digital strategy mindset and a service-first delivery model, allowing underwriters to experience limited execution risk but not opportunity.
Technology and service work in parallel to eliminate pain points, increase speed to market, and improve the effectiveness of the underwriting process.
Alex Williams, Mission Underwriters’ Chief Digital Officer commented: “Our digital strategy is to build on the underwriter’s expertise and leverage a suite of innovative technologies to set our teams apart in the market.”
Chris Jones, Mission Underwriters’ Chief Client Officer added: “Mission Underwriters has a team of professionals to get underwriters up and running quickly and we have partnered with a syndicate of AM Best A-rated primary and reinsurance carriers to provide long-term, tiered capacity to the group.”
