WEST HARTFORD, CT, September 12th 2022
New tech-enabled E&S MGA Aurenity has confirmed the launch of its Excess Casualty program, offering products insured by Fortegra Specialty Insurance Company, a subsidiary of The Fortegra Group, Inc. (“Fortegra”). The relationship will allow Aurenity to write a maximum line of $10m which it will deploy on a mix of mid-market products, premises, hospitality, and construction risk.
Aurenity hired former TMHCC executive Janet Beaver earlier this year to lead its entry into the space, and has confirmed the additional hires of Kelly Tate, Nicole Saladino, Adrienne Scherer, and Ariel Clearman to build out the team. Distribution will be exclusive to wholesale brokers.
Backed by Chicago investor Agman, Aurenity was launched in January 2022 as a brand-new MGA for the E&S market. They are attracting market leading underwriting talent, enabled with cutting-edge pricing, segmentation, and risk insight technology. Using their ‘Augment™’ underwriting models, Aurenity is harnessing expertise and innovation to deliver a differentiated competitive advantage.
Nick Davies, Aurenity CEO said “Fortegra’s underwriting acumen, claims expertise and financial strength make them a highly desirable partner for Aurenity.” He continued “We are a business built by and for underwriting expertise. Augmented with our pricing technology, we have the right blend of both to deliver sustained underwriting profit for our partners over the market cycle.”
Aurenity has begun accepting submissions with September 15th effective dates
About Aurenity
Aurenity is blending market leading talent with cutting edge underwriting analytics to create a new MGA for the E&S market. Founded by underwriting experts with a common interest in innovation, our team shares over a century of experience at top tier carriers. Harnessing our sophisticated ‘Augment™’ risk models, our underwriters have access to better data and smarter analytics to deliver cross cycle profit for our partners. Aurenity, where expertise meets innovation. Learn more at www.aurenity.com
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Fortegra
For more than 40 years, Fortegra and its subsidiaries have underwritten risk management solutions that help people and businesses succeed in the face of uncertainty. As a global specialty insurer, we offer a diverse set of admitted and surplus insurance products and warranty solutions. Fortegra's A.M. Best Financial Strength Rating of A- (Excellent) is a result of our strict underwriting standards, consistent profitability, and high cash flows. For more information, please visit www.fortegra.com.
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We offer a range of E&S products through wholesale brokers. We are partnered with leading blue-chip insurers, reinsurers, investors and technology providers.
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