Buckle and Amwins Specialty Auto sign MGA agreement in Florida
Buckle and Amwins Specialty Auto , a non-standard auto insurance specialist with 25 years of experience, have entered into a managing general agency agreement. Under the agreement, Amwins is underwriting non-standard auto insurance policies for Buckle in Florida as well as Buckle’s gig auto insurance for rideshare and delivery drivers in the state. Gateway Insurance, one of Buckle’s insurance carriers, will be the admitted carrier for both products.
Through the newly executed MGA agreement, Amwins has exclusive rights to the agency distribution of Buckle’s gig auto insurance across its regional footprint . Through Amwins’ extensive agency network, Buckle/Gateway’s NSA product is being issued on new business, effective early December. Buckle’s gig auto insurance will be rolled out in 1Q22.
“Buckle’s mission is to bring every financial product that gig economy workers need into the capital markets on their behalf as a trusted agent. We are thrilled to be partnering with Amwins to further this mission and strengthen our underwriting capacity to gig rideshare and delivery drivers throughout Florida.” – Marty Young, co-founder and CEO of Buckle.
“We are excited to begin this partnership with Buckle. As the gig economy grows, we see the opportunity to bring our traditional NSA products as well as Buckle’s gig auto insurance to independent agents in Florida as a chance to provide a unique combination which enables our agents to better serve their customers.” – Don Moser, President of Amwins Specialty Auto of Florida.