EQ One adds capacity through new relationship with Munich Re Specialty Insurance
Earthquake insurance underwriter EQ One has added additional capacity to its earthquake solutions through a new relationship with Munich Re Specialty Insurance. This will enable the EQ One team to write larger earthquake risks and serve as a single-source solution for broker partners nationwide despite a hardening market.
EQ One’s parent company is Alliant Underwriting Solutions (AUS) that’s part of Alliant Insurance Services, and is a national program administrator with a growing portfolio of underwriting platforms generating more than $1.5 billion in annual gross written premium.
“Our new relationship with Munich Re Specialty Insurance reaffirms our commitment to providing brokers with an earthquake solution that is truly best in class while solidifying our long-term strategy to grow and expand our offerings. This will enable us to offer increased capacity with a solution written on outstanding paper.” – Kelley Bernal, Senior Vice President and Director of EQ One.
EQ One provides earthquake and flood insurance combined with a broad range of commercial and habitational solutions. With more than two decades in the business, EQ One services a national base of wholesale insurance brokers and has longstanding relationships with top carriers in the market.
“Working with EQ One offers Munich Re Specialty Insurance an opportunity to further expand our DIC business with a firm that has a strong industry reputation in the earthquake market. EQ One understands how to meet the needs of brokers from a wide range of disciplines and offers outstanding distribution, making this relationship highly advantageous for both organizations.” – Kevin Johnson, President, Insurance Programs with Munich Re Specialty Insurance.
The EQ One DIC product is underwritten by The Princeton Excess and Surplus Lines Insurance Company, an affiliate of Munich Reinsurance America.
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