Royal & SunAlliance USA has teamed up with Universal Reinsurance for its new Personal Insurance Agency Captive Program.
For several years, Universal Reinsurance has worked closely with ArtisĀ®, Royal & SunAlliance’s Commercial Lines Alternative Risk Transfer business.
The Royal & SunAlliance Personal Insurance Agency Captive Program was introduced earlier this year and is the centerpiece of the company’s personal insurance strategy. Under this new program, agencies share in the proceeds from their book of business in addition to earning commissions, more than doubling their profit potential over traditional profit-sharing agreements.
Topics Reinsurance
Was this article valuable?
Here are more articles you may enjoy.
AIG, Chubb Can’t Use ‘Bump-Up’ Provision in D&O Policy to Avoid Coverage
Florida House Panel Approves Bill to Waive Permits on Work of Less Than $7,500
Opportunity for Private Flood Insurers With Threat of Another NFIP Lapse
Illinois USPS Employee Indicted for Alleged Workers’ Comp Fraud 

