Archway Exceeds Capacity Opportunity in First Quarter 2014 - PowerPoint PPT Presentation

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Archway Exceeds Capacity Opportunity in First Quarter 2014

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1888PressRelease - Places $8m in Premium with Alliance National Insurance Company. – PowerPoint PPT presentation

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Title: Archway Exceeds Capacity Opportunity in First Quarter 2014


1
Archway Exceeds Capacity Opportunity in First
Quarter 2014
1888PressRelease - Places 8m in Premium with
Alliance National Insurance Company. Archway
Insurance announced that it exceeded its 2014 1st
quarter capacity goal by writing over 8,000,000
in premiums with Alliance National Insurance
Company (ANIC). These writings have fueled ANIC's
38 surplus growth from 2013 year end and 83
versus 1st quarter 2013 financial statements.
This premium volume in turn has increased
admitted assets to 58.3 million. H. James
Agnew, president and CEO stated "we have had a
banner start to 2014. In addition to the stellar
financial growth, we have been able to adjust and
monitor our combined ratio, which is on par to
meet our 2014 target." Alliance National
celebrated the Company's 100 years of being in
business on April 15 of this year. ANIC, formally
known as UMI Insurance Company is domiciled in
New York State. The Company is fully capitalized
and licensed to write PC insurance in New York,
New Jersey and Pennsylvania. As a specialty
underwriter experienced in Alternative Risk
Transfer (A.R.T.) insurance programs, Alliance
National brings together a strong team of
professionals well versed in SIR's, offshore and
onshore ART structures, reinsurance treaties,
facultative reinsurance and securitization
facilities.
Archway, which began operations in 2002, has
placed in excess of 250 million in workers
compensation premiums with various carriers.
Archway is currently the exclusive sales and
marketing gateway to Alliance National Insurance
Company.
2
Should you have an opportunity and want to speak
with a live insurance professional please contact
Tom Hynes at thynes ( _at_ ) archwayins dot com or
610-719-0838 ext 290 dot Archway Insurance
Services, LLC, is a licensed insurance producer
in PA and other states (for a complete list of
states contact Archway). Archway is not an
insurance company and is subject to each state's
respective insurance laws and regulations. http/
/www.archwayins.com
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