Core Specialty Insurance Holdings, Inc. will be the carrier providing insurance coverage for AmWINS Program Underwriters’ (APU) Long-Term Care Facilities program, effective January 1, 2021.
The Long-Term Care Facilities program’s primary lines of business are professional and general liability (primary and excess). The program will be available nationwide on a non-admitted basis through StarStone Specialty Insurance Co. The Long-Term Care Facilities program has approximately $50 million in annual gross premium income. APU’s program managers have over 30 years of experience underwriting this class of business.
Ben Francavilla, president of AmWINS Program Underwriters, said APU partnered with Core Specialty because of its experience with the long-term care insurance space, “which positions the trajectory of the program for continued success.”
Jeff Consolino, CEO of Core Specialty said the APU Long-Term Care Facilities complements its existing Healthcare book and will allow the company to grow its footprint within an existing specialty niche
Core Specialty’s StarStone Specialty subsidiary previously underwrote the Long-Term Care Facilities program from 2013 to 2017.
Core Specialty offers a range of property and casualty insurance products for small to mid-sized businesses. From eight underwriting offices spanning the U.S., the Company focuses on niche markets, local distribution, and superior underwriting knowledge, offering traditional as well as innovative insurance solutions to meet the needs of its customers and brokers. Core Specialty is an insurance holding company operating through StarStone Specialty Insurance Co., a U.S. excess and surplus lines insurer, and StarStone National Insurance Company, a U.S. admitted markets insurer.
AmWINS Program Underwriters (APU) is a managing general agency (MGA) specializing in affinity and program management.
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