By Tom Kussurelis, National Programs COO, as published in Carrier Management. As 2023 began, property insurance markets were struggling with the fallout of massive losses from Hurricane Ian in fall 2022. Ian was accompanied by 17 other billion-dollar storms in 2022’s significant disaster season. And those came on top of $596 billion in costs from… Read More
How SubroFy subrogation tool saves time and heaps rewards
ACM’s subrogation tool, SubroFy, has been in operation a little over a year. ACM is one of a myriad of National Programs & Services companies. We checked back in with the team recently to learn more about the tool and how it’s been working. This new digital tool significantly increases the identification of subro opportunities…. Read More
How our Vendor Management team provides contract savings to our companies
National Programs, a collection of 45 brands, provides a multitude of services to each of our companies. We’ve written in the past about how these Shared Services help launch programs faster, broaden our market reach, streamline product launches, and help companies boost their bottom line. Today we’re going to shine the spotlight on our Vendor… Read More
National Programs and Bridge Specialty Group launch business development team
National Programs, a team of specialty insurance program brands, and Bridge Specialty Group, a collection of wholesale agencies and managing general agents, announced yesterday a new business development team dedicated to serving select retail distribution relationships. The two groups wrote over $9 billion in premiums in 2022 from 55 brands ranging from transactional and binding authority… Read More
After the storm: Busting 5 flood insurance myths
This article by Patty Templeton-Jones, president of Wright Flood, appeared in PropertyCasualty360. Policyholders have filed more than 44,000 flood insurance claims with the National Flood Insurance Program (NFIP) after Hurricane Ian. The federal flood insurance program has already paid nearly $437 million to policyholders as of early November 2022. That’s just a small portion of the… Read More
How value stream mapping leads to greater renewals for Arrowhead Tribal
Value stream mapping (VSM) is a lean manufacturing technique to analyze, design and manage the flow of materials and information required to bring a product to a customer – in this case, renewals. Arrowhead Tribal’s team of underwriters and underwriting assistants came together earlier this year for a day-and-a-half session of VSM to help them streamline… Read More
How Mile High Markets transitioned to National Programs and a new carrier at lightning speed
“Joining National Programs meant that my name was no longer next to every item that needed to be completed. We’ve had help from nearly every National Programs Shared Services team to quickly get us up and running,” said Angela Dodd, vice president, Mile High Markets. Since 1985, Mile High Markets has provided insurance coverage for the… Read More
Orchid’s Bowie explores how to stay profitable in Florida’s homeowners market
Orchid Insurance, one of 31 National Programs companies, is a program administrator and wholesale broker focused primarily on the Florida homeowners and E&S markets. Orchid is among the largest specialty underwriters of catastrophe-exposed property insurance in the United States. Orchid’s president and CUO, Ross Bowie, was recently interviewed by John Weber at AM Best TV during… Read More
How Arrowhead E&S launched a new fraternity liability program in 6 months
How we surpassed a competitor by creating a better insurance product Arrowhead’s Excess & Surplus Lines was barely a year old when Bill Murray, president of Arrowhead E&S, was approached by Peachtree Special Risk Brokers and Omni Insurance, an Atlanta retail agency, to create a better liability market for fraternities. Arrowhead is part of Brown… Read More
How our Strategic API team is broadening our market reach
“Our venture into APIs and third-party distribution platforms started in 2020. Using an API, we wanted to allow agents to submit business in a more streamlined fashion, which will increase our submissions and bound policies,” explains Tiffany Poletti, Core Commercial’s COO. “Whether you call them aggregators, comparative raters or third-party distributors, they create a greater… Read More