Aegis Financial Lines announces expanded capabilities to write admitted business

Aegis Financial Lines, a division of Aegis General Insurance Agency, in partnership with sister company K2 Financial, announced their expanded capabilities to write admitted risks located in New York. Through the use of the Free Trade Zone, AFL can now offer up to $5 million in capacity on an admitted basis for Financial Institutions located in New York. This capability is for all lines including Professional and Technology Errors and Omissions, Directors and Officers, Employment Practices and Fiduciary Liability.

AFL’s expansion will grow distribution channels and build upon their existing capability to offer $10 million in capacity on a non-admitted basis for all Financial Institutions nationwide. With a broad appetite for Financial Institutions and specializing in FinTech businesses, AFL provides Brokers, Agents, and Insureds with cutting-edge solutions that set industry standards.

“I am thrilled to introduce this new offering, which enhances our ability to build on the momentum and success we’ve achieved since our launch. This expansion reinforces our commitment to providing market-leading solutions for our insureds and positions us to better serve the needs of Financial Institutions in New York.” – Kevin Leach, Founder and Senior Vice President of AFL.