Headquarters: Houston, TX
Year founded: 2000
Leadership: R. Daniel Peed, president and CEO
The South has certainly experienced its share of catastrophes this year, including Hurricane Hermine and floods throughout Texas and Louisiana, underlining the importance of program administrators like AmRisc. The underwriting manager and TMPAA Best Practice Designation holder focuses on the South, specializing in E&S commercial property CAT, which accounts for more than half of its annual premium volume. As Lloyd’s largest wind coverholder and program manager with various carriers, AmRisc has underwritten on behalf of Lloyd’s since its inception in 2000. The firm’s 66 underwriters average more than 18 years of industry experience.
“As a leading provider of wind capacity in the US, we are dedicated to providing a top-tier product in the specialty property lines, especially wind CAT and technical risks,” says president and CEO Dan Peed. “Our goal is twofold: one is to help producers meet the needs of the insured by providing them with a secure, unparalleled catastrophe insurance product; the second is to provide stability to an ever-changing insurance market.”
