Partnerships
AF Specialty customizes each program to fit the needs of its partner.
Attributes We Seek in a Program
- Proven, Profitable Loss History (5 Years Preferred)
- Agency Expertise in the Class or Line of Business
- Well-Defined Market Position
- Established Distribution System
- Stability in Past Carrier Relations
- Competitive Market Intelligence
- Risk Sharing (Not Mandatory)
- Association Endorsed Business (where applicable)
Characteristics We Generally Avoid in a Program
- Start-Up Programs
- Programs that Lack Historical Profitability
- Risk-Sharing Programs that Lack Adequate Partner Capital
- Programs Requiring Carrier Aggregate Stop Loss Provisions
- Concentrations in Transportation Exposures
- Nursing Homes/Assisted Living Exposures
- Monoline Workers’ Compensation Programs
- Personal Lines Programs
- Life/Health Programs
Primary Lines of Commercial Business
- Workers’ Compensation
- Multi-Peril
- General Liability
- Property
- Auto
- Inland/Ocean Marine
- Professional Liability/Errors and Omissions
- Products Liability
- Employment Practices Liability
- Excess/Umbrella
- Excess Workers’ Compensation
- Surety
- Bonds
Programs
AF Specialty currently underwrites specialty programs for a variety of industries, such as:
- Construction
- Agricultural
- Livestock & Equine
- Recycling
- Municipality
- Professional
- Healthcare
- Retail/Service
- Habitational
- Hospitality
- Recreational
- Transportation
- Manufacturing
- Schools
Distribution Types
AF Specialty recognizes a variety of distribution systems within the specialty program marketplace. We work with the following distribution types:
- Wholesale / Managing General Agents (MGAs)
- Managing General Underwriters (MGUs)
- Specialty Program Administrators
- Trade Associations
- Captive Insurance Companies
