Working with retail agents nationwide, Amwins' underwriting team delivers personal lines insurance coverage for a wide variety of risks — across a wide variety of markets.
Working with retail agents nationwide, Amwins' underwriting team delivers personal lines insurance coverage for a wide variety of risks — across a wide variety of markets.
Your personal lines clients need niche coverage options. And they need it in a time-sensitive fashion, without any lapses in communication. As a retailer, you're responsible for securing coverage for your clients' hard-to-place risks — yet without the right relationships or market access, you might be left scrambling to address their immediate business challenges. If you're at a loss about where to begin, Amwins has you covered.
As the largest P&C wholesale broker in the U.S., Amwins provides access to best-in-class and exclusive personal lines markets to help our retail partners gain a competitive edge for their clients. With the introduction of Amwins Instant Quote (Amwins IQ), our online marketplace, obtaining niche coverage options is now faster and more convenient than ever. Amwins IQ enables swift access to firm, bindable quotes from multiple carriers within minutes, ensuring your clients receive the specialized coverage they need without delay. Unlike brokers who take a one-size-fits-all approach to securing coverage, our local underwriters are exclusively dedicated to personal lines insurance, working alongside you for hard-to-place risks — and even-harder-to-satisfy clients.
With both admitted and non-admitted markets, as well national and international carriers, Amwins works to place policies as either standalone coverage or part of a larger package.
From luxury homes to valuable articles and nature-based perils, our personal lines insurance safeguards your clients against the risks they've anticipated — as well as those they haven't.
With underwriters solely focused on personal lines insurance, who average more than a decade of experience, you can rest assured your clients' coverage is in capable hands.
After Superstorm Sandy hit the Mid-Atlantic states in 2012, thousands of businesses were forced to close and remained shut down for weeks or even months. While the claim payments that follow a catastrophic event like Sandy certainly help repair property
damage, business owners also continue to face monetary obligations and financial hardships further amplified by an interrupted business income stream.
Regardless of the size or scope of a business, a loss can have a devastating impact on a business owner beyond direct damage to the property or contents – a loss can leave an organization with bills and payroll but no revenue stream.
Business interruption (BI) coverage is a well-known coverage that allows businesses to recover revenue lost as a result of a direct physical loss or property damage. While general property insurance provides protection for physical loss or damage
to the property, business interruption insurance covers financial damages that result from an interrupted income flow.
Example: The devastation from the earthquake and resulting tsunami that swept across parts of Japan in March 2011 triggered a substantial number of BI and CBI claims from American manufacturers. Supply and distribution chains stalled or shut down entirely because the Japanese companies they relied on for parts, products or services were no longer operational, and were not operational for an extended period of time.
Example: After Hurricane Katrina, much of the Gulf Coast was left devastated as millions lost their homes – entire communities and many businesses were wiped out. People left the area completely and thousands of small businesses were unable to reopen after the loss due to the absence of clientele, which in turn also caused their previous suppliers a loss as well. Additionally, for many businesses that were rebuilt and re-opened, their loss of income stretched far beyond the standard period of indemnity due to a diminishing customer base or new competition. This type of loss can be mitigated with an extended period of indemnity clause, which allows the business a longer duration of time to regain their position in the market.