Arch Insurance Group, a member of Arch Capital Group Ltd.,has announced that is has tied up with American Specialty Insurance and Risk Services, Inc. (a division of Brown & Brown) to offer customized insurance programs for the Sports, Recreation and Entertainment industries.
According to Mark Lange, Senior Vice President, Arch P&C Programs, “We expect a long-term partnership given their outstanding reputation, established underwriting expertise, specialized service and technology capabilities and an exceptional, seasoned leadership team.”
“We are so pleased to have partnered with Arch Insurance,” said Drew Smith, President of American Specialty. “ Our insurance program will be enhanced and expanded through this partnership, allowing us to offer additional products and programs to our 1,000+ retail insurance agency and broker partners located throughout the United States. A new program for ice rinks, broader property insurance capabilities, and workers compensation coverage are just a few of the expansions our agents and brokers can expect from American Specialty.”
Arch has specialised in property and casualty programs since its inception in 2002. The P&C Programs Division partners with program administrators throughout the country to deliver insurance solutions to specific industry niches.
About American Specialty Insurance and Risk Services, Inc.
Founded in 1989, American Specialty provides 50+ specialty niche insurance programs and risk services to clients in the principal areas of Amateur Sports, Professional Sports, Motorsports, Recreation and Entertainment. American Specialty is a wholly-owned subsidiary of Brown & Brown, Inc.
Arch Insurance Group Inc. is a member of Arch Capital Group Ltd., a Bermuda-based company that provides insurance and reinsurance on a worldwide basis through its wholly owned subsidiaries.
