iwix.net Signs Three New MGAs

August 10, 2000

Five Star Managers (representing Brockbank, a Lloyd’s syndicate and part of the XL Group), ProSurance (representing ACE USA Insurance Companies), and Sterling Risk Management, an MGA for aviation products, are now a part of the large pool of insurers in the iwix.net marketplace.

“iwix.net is focusing on adding depth of product lines to our site”, said Max H. Carter, CEO of iwix.net. “We are committed to working with multiple carriers and MGAs to bring as many non-standard lines to agents as possible. ProSurance and Five Star Managers will provide many forms of professional liability, and Sterling Risk Management beefs up our aviation products with the ten products they’re adding to the iwix.net site.”

Five Star Managers will be underwriting lawyers professional liability on behalf of Brockbank in London. ProSurance will be providing professional liability coverages for financial consultants, broker/dealers, registered representatives (financial), and life insurance agents.

Sterling Risk Management will offer many aviation products, including: aviation products liability; airport liability; contractors for airport construction and contractors liability; aircraft repair; corporate aircraft; passenger charter & cargo; helicopter; agricultural spraying; privately owned aircraft; and workers’ compensation (pilots/flight crew).

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