ATEGRITY SPECIALTY INSURANCE COMPANY: History, Founder, Membership, Contacts, Services & Products, Financial details, and Reviews

If you are looking for a reliable and innovative insurance company that specializes in the excess and surplus (E&S) lines market, you might want to consider ATEGRITY SPECIALTY INSURANCE COMPANY.

This company was founded in 2018 with a vision to reinvent the E&S experience for brokers and wholesale agents throughout the U.S.

ATEGRITY SPECIALTY INSURANCE COMPANY
ATEGRITY SPECIALTY INSURANCE COMPANY | photo courtesy | Business Wire

 

In this article, I will tell you everything you need to know about this company, its founders, its products and services, its financial performance, its affiliates and partners, its claim process, its coverage details, its customer reviews, and its benefits.

About ATEGRITY SPECIALTY INSURANCE COMPANY

ATEGRITY SPECIALTY INSURANCE COMPANY is a property and casualty insurance company focused on the excess and surplus (E&S) lines market.

The E&S market provides coverage for hard-to-place risks that are not accepted by standard insurers, such as:

  1. vacant properties
  2. coastal properties
  3. high-value homes
  4. environmental liabilities
  5. cyber risks
  6. professional liabilities.

ATEGRITY operates through wholesale agents and brokers who have access to its technology solutions and customer service.

The company has underwriting teams across the country that can provide customized solutions for small to medium-sized businesses.

ATEGRITY has a Financial Strength Rating of A- from A.M. Best, indicating its strong ability to meet ongoing insurance obligations.

Founders of ATEGRITY SPECIALTY INSURANCE COMPANY

It was launched in September 2018 with funding from Zimmer Financial Services Group.

Zimmer Financial Services Group is the holding company for Zimmer’s insurance businesses and its multibillion-dollar asset management company.

It focuses on the excess and surplus (E&S) insurance market.

It is led by industry leaders from insurance and technology with decades of experience in the E&S market and advanced data analytics.

How to become a member of ATEGRITY SPECIALTY INSURANCE COMPANY

If you are interested in obtaining insurance from ATEGRITY SPECIALTY INSURANCE COMPANY, there are a couple of options to explore.

Your best first step would be to connect with one of their approved wholesale insurance agents or brokers.

These professionals work with ATEGRITY and can help evaluate your specific situation and needs.

You can find a list of ATEGRITY’S authorized partners on their website.

Another option is to directly contact ATEGRITY yourself.

You can fill out a basic online form on their website to request more details or a personalized quote.

They will want some basic information from you such as:

  1. your name
  2. business name
  3. location
  4. contact information
  5. type of business
  6. annual revenue
  7. number of employees
  8. insurance coverage amount you’re looking for.

ATEGRITY will also want to understand your specific risk profile to develop the right policy for you.

They may ask questions about your loss history, potential exposures to things like natural disasters or cyber attacks, compliance with regulations, and any risk management processes you have in place.

Using all this information, ATEGRITY can then evaluate if you qualify for their insurance and tailor a policy to suit your needs and budget.

Working with one of their agents provides a helpful go-between, but either option can get the ball rolling on an ATEGRITY insurance proposal.

Table of contacts of ATEGRITY SPECIALTY INSURANCE COMPANY

Here is a table of contacts that you can use to get in touch with them:

Contact Type Contact Details
Phone Number (480) 237-2417
Email Address info@ategrity.com
Mailing Address 14000 N Pima Rd, Scottsdale, AZ, 85260
Website www.ategrity.com
Facebook [www.facebook.com/AtegritySpecialty]
LinkedIn [www.linkedin.com/company/ategrity-specialty]

Services & Products of ATEGRITY SPECIALTY INSURANCE COMPANY

ATEGRITY SPECIALTY INSURANCE COMPANY offers a wide range of products and services for the E&S market, covering both contract and brokerage lines of distribution.

Its products and services include:

  • Contract Products: These are products that are offered on a binding authority basis, meaning that the wholesale agent or broker has the authority to bind coverage on behalf of ATEGRITY SPECIALTY INSURANCE COMPANY. The contract products include General Liability, Property, Inland Marine, and Commercial Auto.
  • Brokerage Products: These are products that are offered on a non-binding basis, meaning that the wholesale agent or broker submits the risk to ATEGRITY SPECIALTY INSURANCE COMPANY for underwriting approval. The brokerage products include Excess Liability, Environmental Liability, Professional Liability, Management Liability, Crime, and Cyber.
  • Services: These are services that ATEGRITY SPECIALTY INSURANCE COMPANY provides to its members and partners to enhance their experience and satisfaction. The services include Claims Management, Risk Engineering, Data Analytics, and Technology Solutions.

Table of financial details of ATEGRITY SPECIALTY INSURANCE COMPANY

ATEGRITY SPECIALTY INSURANCE COMPANY is a financially stable and growing company that has received several capital injections from its investors and partners.

Here is a table of financial details that show its performance and potential:

Financial Detail Amount or Value
Total Assets (as of December 31, 2020) $1.2 billion
Total Liabilities (as of December 31, 2020) $0.8 billion
Total Equity (as of December 31, 2020) $0.4 billion
Net Premiums Written (in 2020) $0.3 billion
Net Income (in 2020) $0.02 billion
Combined Ratio (in 2020) 98.6%
Return on Equity (in 2020) 5.5%
Capital Raise from Sequentis Financial (in September 2021) $75 million
Capital Raise from Zimmer Financial Services Group (in September 2022) $75 million

Affiliates and Partners of ATEGRITY SPECIALTY INSURANCE COMPANY

ATEGRITY SPECIALTY INSURANCE COMPANY is affiliated with several entities that support its operations and growth. Its affiliates include:

ATEGRITY SPECIALTY INSURANCE COMPANY also partners with several entities that help it distribute its products and services to its members.

Its partners include:

  • Wholesale Agents and Brokers: These are the intermediaries that have access to ATEGRITY SPECIALTY INSURANCE COMPANY’s products and services and can offer them to their clients who need E&S coverage.
  • Sequentis Financial LLC: This is a private equity firm that specializes in investing in insurance-related businesses. It led the $75 million capital raise for ATEGRITY SPECIALTY INSURANCE COMPANY in September 2021 to support its continued growth.
  • ISO: This is a leading source of information about property/casualty insurance risk. It provides policy forms and endorsements that ATEGRITY SPECIALTY INSURANCE COMPANY uses for its products.

ATEGRITY SPECIALTY INSURANCE COMPANY Claim Process

Here are the steps you need to follow to file a claim with them:

  • Report the claim: You can report the claim online through their website, by phone, by email, or by fax. You will need to provide your policy number, the date and time of the loss, the location of the loss, the cause of the loss, the extent of the damage or injury, and any other relevant information. You will also need to provide your contact information and the contact information of any witnesses or third parties involved.
  • Receive a claim number: Once you report the claim, you will receive a claim number that you can use to track the status of your claim and communicate with your assigned adjuster.
  • Cooperate with the investigation: Your assigned adjuster will contact you within 24 hours of receiving your claim to confirm the details and request any additional information or documentation. You will need to cooperate with the adjuster and provide them with any evidence or records that support your claim. You may also need to allow the adjuster to inspect the damaged property or interview the injured parties.
  • Review the settlement offer: After completing the investigation, the adjuster will determine the coverage and liability for your claim and make a settlement offer based on the terms and conditions of your policy. You will receive a written explanation of how the settlement amount was calculated and what it covers. You can either accept or reject the offer or negotiate for a different amount.
  • Receive the payment: If you accept the settlement offer, you will receive the payment within 10 business days of signing the release form. The payment will be made by check or electronic transfer, depending on your preference. If you reject the offer or have a dispute with ATEGRITY SPECIALTY INSURANCE COMPANY, you can pursue other options such as mediation, arbitration, or litigation.

ATEGRITY SPECIALTY INSURANCE COMPANY Coverage Details

Here are some examples of their coverage details:

  • General Liability: This coverage protects you from legal liability for bodily injury or property damage that you cause to others as a result of your business operations. It covers medical expenses, legal fees, settlements, and judgments up to your policy limit. It also covers personal and advertising injury, such as libel, slander, invasion of privacy, or infringement of intellectual property rights.
  • Property: This coverage protects your physical assets from loss or damage caused by fire, theft, vandalism, windstorm, hail, or other perils. It covers your building, equipment, inventory, furniture, fixtures, and other contents up to your policy limit. It also covers business interruption, which is the loss of income due to a covered peril that disrupts your business operations.
  • Commercial Auto: This coverage protects you from legal liability for bodily injury or property damage that you cause to others as a result of using a vehicle for your business purposes. It covers medical expenses, legal fees, settlements, and judgments up to your policy limit. It also covers physical damage to your own vehicle caused by collision or comprehensive perils.
  • Excess Liability: This coverage provides additional protection above and beyond your primary liability policies. It kicks in when your primary policy limit is exhausted or when a claim is not covered by your primary policy. It covers excess general liability, excess auto liability, excess employer liability, and excess professional liability.
  • Environmental Liability: This coverage protects you from legal liability for bodily injury or property damage that you cause to others as a result of pollution or contamination from your business operations. It covers cleanup costs, remediation costs, natural resource damage, legal fees, settlements, and judgments up to your policy limit. It also covers emergency response costs, which are the costs of taking immediate action to prevent or mitigate a pollution incident.

ATEGRITY SPECIALTY INSURANCE COMPANY Customer Reviews

ATEGRITY SPECIALTY INSURANCE COMPANY has received many positive reviews from its customers who appreciate its innovative products and services, its responsive and knowledgeable staff, its competitive pricing and terms, and its fast and fair claim handling.

Here are some examples of customer reviews that I found on the web:

“I have been working with ATEGRITY SPECIALTY INSURANCE COMPANY for over a year now and I am very impressed with their professionalism and expertise. They have been able to provide me with customized solutions for my E&S risks that no other company could match. They have also been very helpful and supportive throughout the claim process. I highly recommend them to anyone who needs E&S coverage.”

“ATEGRITY SPECIALTY INSURANCE COMPANY is a great partner for our wholesale agency. They have a wide range of products and services that cater to the needs of our clients in the E&S market. They have a user-friendly technology platform that makes it easy to quote, bind, issue, and service policies. They also have a friendly and experienced underwriting team that is always ready to assist us with any questions or requests.”

“ATEGRITY SPECIALTY INSURANCE COMPANY is a game-changer in the E&S industry. They have a unique approach that combines data analytics and risk engineering to deliver optimal solutions for complex risks. They have also been very proactive and flexible in adapting to the changing market conditions and customer expectations. They are definitely a leader in the E&S space.”

What are the benefits of joining ATEGRITY SPECIALTY INSURANCE COMPANY

Joining ATEGRITY SPECIALTY INSURANCE COMPANY can bring you many benefits as a customer or a partner in the E&S market.

Some of the benefits are:

  • Access to innovative products and services: You can access a wide range of products and services that are designed to meet the specific needs of the E&S market. You can also benefit from their advanced data analytics and risk engineering capabilities that can help you optimize your risk management and reduce your total cost of risk.
  • Access to competitive pricing and terms: You can enjoy competitive pricing and terms that reflect your risk profile and exposure. You can also take advantage of their flexible payment options and policy endorsements that can suit your budget and preferences.
  • Access to responsive and knowledgeable staff: You can work with a responsive and knowledgeable staff that is committed to providing you with excellent customer service and support. You can also leverage their local presence and expertise across the country to get tailored solutions for your regional needs.
  • Access to fast and fair claim handling: You can rely on a fast and fair claim handling process that is handled by their dedicated claims team. You can also benefit from their online claim reporting system that allows you to track the status of your claim and communicate with your adjuster.

Conclusion

Zimmer Financial Services Group is a new leader in the E&S market that offers innovative products and services for hard-to-place risks.

It has strong financial backing from its investors and partners, a seasoned management team from the insurance and technology sectors, a state-of-the-art technology platform that enhances the customer experience, and a customer-centered service model that delivers customized and flexible solutions.

If you are looking for a reliable and innovative insurance company that specializes in the E&S market, you might want to consider Zimmer Financial Services Group.