Royal & SunAlliance USA and Universal Reinsurance Join Forces For Personal Agency Captive Program
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.
Popular Today
- Greater Chance of Major Hurricane on East Coast This Year, Less in Gulf, Scientist Says
- Farmers to Resume Offering Key Lines of Business Insurance in California
- Fannie and Freddie Hit Pause on Replacement-Value Requirements for Home Insurance
- Popular SC Country Music Venue Shuts Down Due to Liquor Liability Insurance Costs