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ASIC Underwriting

ASIC's underwriting approach is based upon technical excellence in terms of understanding the intricacies of the portfolio and the exposures presented by each risk. The specific model being adopted by ASIC was created by Shevawn and Simon Barder, and has evolved from the Barders’ London Insurance training with the traditional leader in the excess and surplus market (Lloyd’s of London).

Central to this model is the constant monitoring of the portfolio by experienced primary and reinsurance underwriters and specialist analysts. Each portfolio is stress tested for frequency, severity and rate adequacy to ensure a ‘best in class’ account with optimum performance and returns. This model has been tried and tested since 2000.

You can learn ASIC's underwriting processes below. 

AM Specialty Underwriting
AM Best A- Rating

AM Specialty Insurance Company holds an AM Best Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent). The outlook assigned to these Credit Ratings (ratings) is stable.

Specialty Segments

Selected Insurance Lines

Luxurious Home

Commercial & Niche Property

  • Building

  • Business Personal Property

  • Business Interruption

  • Average Limits of $1M or less

  • Geographic Spread

  • Minimal Cat Exposure by Program

  • Typical 12-Month Policy Term


  • Commercial Package

  • Monoline

  • Average General Liability Limits of $1M / $2M

  • Light to Moderate Exposures

  • Good Use Deductibles/Restricted Wording

  • Typical 12-Month Policy Term

Miscellaneous Special Lines

  • Guidelines Vary Based on Line

  • Must Provide a Complementary Progression to the Book

  • Avoidance of Peak Values

  • Limited Exposure

  • Well-Spread Risks




  • Average Liability Limits of $1M

  • APD Maximum Limits of $250K

  • MTC Maximum Limits of $250K

  • Local Radius Exposure

  • High Degree of Front/Rear Cameras Usage

  • Typical 12-month Policy Term

Ocean and Inland Marine

  • Miscellaneous Classes

  • Average Liability Limits of $500K or Less

  • Average P&I Limits of $1M

  • Geographic Spread

  • Minimal Cat Exposure

  • Established Hurricane Procedures

  • Typical 12-Month Policy Term


  • Average Limits of $3M to $5M

  • Revenue Size <$250M

  • Industry-Leading Cybersecurity Posture

  • Sub-Limits of Ransomware, Crime

  • Typical 12-Month Policy Term

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