CRC Group has launched Insurisk, a new brand name for its products. Additionally, CRC Group has formed an exclusive partnership with AMRISC, LLC to build new property products under the Insurisk name.
Accirdubg to Dave Obenauer, CRC Group’s CEO, Insurisk will use CRC Group’s wholesale business data to develop programs that help differentiate CRC Group.
He noted CRC Group has launched more than 10 new products in the last year, and the Insurisk brand will now be the home for all its exclusive 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+, provides up to $15 million in limits for CAT-exposed accounts. The second product, QSP+, is an exclusive quota share facility that provides a follow-form option with up to 50 percent participation in primary and/or excess Layers. Additional products are under development and will be released in the coming months.
CRC Group is a distributor of wholesale and specialty insurance products nationwide. 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 options for property and casualty, executive and professional, group and individual, and other specialty insurance programs.
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