Partnership Criteria

AF Specialty customizes each program to fit the needs of its partner.

Attributes We Seek in a Program

Proven, profitable loss history (five 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 home/assisted living exposures
Monoline workers’ compensation programs
Personal Lines programs
Life/health programs

Primary Lines of Commercial Business

Multi-Peril
General Liability
Property
Auto
Inland/Ocean Marine
Excess/Umbrella
Surety
Bonds

Programs

AF Specialty currently underwrites specialty programs for a variety of industries, such as:

Construction
Recycling
Municipality
Professional
Healthcare
Retail/Service
Habitational
Recreational
Manufacturing

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