Origin Specialty Underwriters announces the formation of Origin Captive Solutions
Origin Specialty Underwriters announces the formation of Origin Captive Solutions
ROLLING MEADOWS, Ill.--(BUSINESS WIRE)--Origin Specialty Underwriters Agency, LLC (“Origin Specialty”), a leading national Managing General Agent (“MGA”) with primary focus on the restaurant, hospitality, and construction industries and partner company of Beyond Risk, is pleased to announce the formation of Origin Captive Solutions. This new division will bring captive solutions to middle market companies by offering a broader array of risk management solutions. Partnering with our sister company, GPW & Associates, Inc., our multi-disciplinary team of experienced underwriters, actuaries, Certified Public Accountants, and captive professionals will provide full-service creation and execution of captives for our customers.
Daniel Rossen JD CPCU ARe, will be leading Origin Captive Solutions as its Managing Director. The initial focus will bring property solutions that are fronted by AM Best rated paper, thereby allowing captives to take risk while satisfying most lender requirements. Rossen commented, “There are many customers willing to retain risk in their property programs but are limited by lender requirements. We are excited to use Origin Captive Solutions to enable these clients to take risk rather than trading dollars with an insurance carrier”.
“The combination of Origin Captive Solutions and GPW Associates brings decades of creative insurance solutions experience– especially in the field of captive creation, management, and underwriting. I am very excited about the new solutions we will deliver to our partners,” said Neno Djordjevic, CIC, CRM, President of Origin Specialty.
Charlie Acosta, Origin Specialty EVP and Head of Underwriting, added: “Forming Origin Captive Solutions is just another step in our evolution as a premier underwriter in the industry. I am excited for what the future holds for our organization with the addition of these capabilities.”
Those interested in sending submissions or learning more can visit https://captivesolutions.origin-specialty.com/.
About Origin Specialty
Origin Specialty, a Beyond Risk company, aims to be the nation’s preferred specialty insurance provider for small and mid-sized risks. Specialists in restaurant, hospitality, excavation, and worker’s comp programs, we provide innovative insurance product solutions that protect against risk with our deep understanding of client needs.
About GPW & Associates
GPW, a Beyond Risk company, specializes in serving risk management needs and offers a unique combination of captive and reinsurance management, accounting, tax compliance, and actuarial services all under one roof, providing clients with efficient and comprehensive service.
GPW's team of experts includes credentialed Casualty and Life Actuaries, Certified Public Accountants, and Associates of Captive Insurance who specialize in serving the risk management needs of more than 4,000 clients. GPW's senior management has more than 125 years of combined experience in the industry.
About Beyond Risk
Beyond Risk was established to become the largest and most comprehensive independent risk management solutions provider, helping middle-market and SMB clients manage their risks effectively. Transparency, trust, and integrity underpin our operations and are the hallmarks behind our success, along with an unwavering commitment to making a difference in our clients' approach to risk management.
Contacts
Media Contact
Daniel Cho
Vice President of Operations, Beyond Risk
dcho@beyondrisk.com