AXIS Insurance and AllDigital Specialty will launch an insurance platform designed for the U.S. small private company management liability market.
AXIS will utilize AllDigital’s technology to quote, bind and issue policies in the U.S.
AXIS will provide paper and capacity as the underwriter for directors and officers (D&O) and employment practice liability (EPL) policies, distributed through AXIS’ wholesale broker network.
According to Mark Paccione, head of Commercial Management Solutions at AXIS Insurance, AXIS will work in partnership with AllDigital and wholesale distribution partners to provide a small businesses.
AXIS Insurance sells property/casualty insurance through wholesale brokers, retail brokers and designated managing general agents.
AllDigital Specialty is an insurtech startup that deploys an AI and Blockchain for the private company management liability marketplace. AllDigital Specialty is also a managing general agent.
Topics Mergers & Acquisitions Agencies Commercial Lines Excess Surplus Business Insurance Insurance Wholesale Liability
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