Accredited Surety and Casualty Company (ASCC), a wholly owned subsidiary of Bermuda-based Randall & Quilter Investment Holdings (R&Q), has entered into a new programme partnership with Attune Insurance.
ASCC is a Florida domiciled insurance company licensed in all 50 states to write admitted business, while Attune is a programme administrator with specific experience in commercial insurance programmes. Attune currently manages a business owners' policies (BOP) programme with over $100 million in written premium in 2019.
Attune is targetting commercial properties used for business owners and providing property, general liability, crime, and equipment breakdown coverage. From October 2020, ASCC will be an issuing carrier on behalf of Attune.
Todd Campbell, president and chief executive officer of ASCC, described Attune as “a dynamic and growing technology-driven general agent.” ASCC wants to be the programme underwriter of choice for US managing general agents (MGAs), managing general underwriters (MGUs), programme owners and their capital partners, he added.
James Hobson, chief executive of Attune, highlighted ASCC’s deep insurance expertise and commitment to delivering 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 enables us to provide additional coverage options to our customers,” he added.
Alan Quilter, group chief executive at R&Q, said: ''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 programme business, with superior MGAs, across the US.”
R&Q, Accredited Surety and Casualty Company, ASCC, Attune Insurance, James Hobson, Todd Campbell, Alan Quilter