DALLAS, March 7, 2019 /PRNewswire/ -- CRC Group today announced the launch of Insurisk, a new brand name for its exclusive products. Additionally, CRC Group is proud to announce a new exclusive partnership with AMRISC,LLC to build new property products under the Insurisk name.
"We have the most actionable data in the wholesale business, and we are using that data to develop programs that help differentiate CRC Group in the eyes of our customers," said Dave Obenauer, CRC Group's Chief Executive Officer. "We have launched more than 10 new exclusive products in the last year, and each one is successfully meeting our customer's needs in creative ways. We are excited that the Insurisk brand will now be the home for all our exclusives products."
In addition to the branding change, CRC Group announced an exclusive partnership with AMRISC,LLC to build, develop and underwrite property programs under the Insurisk brand for CRC Group producers to distribute. The first new product, called Insurisk CAT+, launched today providing up to $15M Limits for CAT-exposed accounts. The second product, QSP+, is an exclusive quota share facility that provides a follow-form solution with up to 50% participation in Primary and/or Excess Layers. Additional products are under development and will be released in the coming months.
"When we set out to develop proprietary property products and looked for a partner to help us do that AMRISC, LLC was a natural choice given the results they have delivered for carrier and capital partners over the last decade," said Neil Kessler, CRC Group's Chief Operating Officer. "We are excited to work with AMRISC, LLC to bring new, creative products to market under the Insurisk name based on the investments we have been making in data and analytics over the last few years."
Learn more about the current Insurisk offerings, including the new CAT+ property product, at www.insurisk.com.
About CRC Group
CRC Group is one of the largest distributors of wholesale and specialty insurance products in the United States. With more than $7.4 billion in annual written premium and 83 office locations, CRC Group's more than 600 brokers and underwriters provide data-driven insurance solutions for property and casualty, executive and professional, group and individual, and other specialty insurance programs. Learn more at www.crcgroupins.com.
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SOURCE CRC Group