Accredited Surety & Casualty Company, Inc., a wholly owned subsidiary of Randall & Quilter Investment Holdings Ltd., has entered into a program underwriting partnership with Attune Insurance.
Attune is a program administrator with specific experience in commercial insurance programs, and currently manages a BOP program with more than $100 million in written premium in 2019.
According to an announcement on the agreement, Attune is set to target commercial properties used for business owners and provide property, general liability, crime, and equipment breakdown coverages. Effective from October 2020, Accredited will serve as an issuing carrier on behalf of Attune.
“Attune is a dynamic and growing technology-driven General Agent (GA). We are pleased to be their partner for this next stage of their business evolution. Accredited has a growing pipeline of new partnerships for 2020 and we are excited to be delivering on our mission to be the program underwriter of choice for US Managing General Agents (MGAs), Managing General Underwriters (MGUs), program owners and their capital partners,” said Todd Campbell, President and Chief Executive Officer (CEO) of Accredited.
James Hobson, CEO of Attune, added: “Partnering with Accredited was a natural fit. They not only bring deep insurance expertise, but they also share our commitment to delivering a great customer experience. Our platform enables a frictionless experience for brokers to serve their small business customers in a matter of minutes with tailored products and this partnership will allow us to provide additional coverage options to our customers. We are excited to launch a new version of our BOP product and to build additional products in the future with the Accredited team.”
While Alan Quilter, CEO of R&Q Group, commented: “This is an exciting new partnership with a significant sized account and we look forward to a growing relationship with the Attune team. Working with Attune is further evidence of our commitment to supporting high quality program business, with superior MGAs, across the US and highlights the important role that Accredited plays in this arena.”