(Re)insurer strikes deal with W. Brown & Associates
Catlin Group, the international specialty property/casualty insurer and reinsurer, has said that W. Brown & Associates Insurance Services will underwrite general aviation insurance for US clients nationwide on behalf of Catlin US, its US subsidiary.
W. Brown & Associates was established in 1987 and is one of the largest underwriting managers in the United States specialising in aviation insurance. Its products are offered through a network of more than 800 independent agents and brokers.
Among the types of general aviation coverages to be underwritten by W. Brown & Associates on behalf of Catlin US are hull, liability, aircraft products liability, airport liability, ground-based-liability and non-owned aircraft liability. The coverage will be written on behalf of Catlin Insurance Company Inc, which is rated 'A' (Excellent), Category XV, by A.M. Best Company. The agreement is effective on 8 April 2009.
Richard S. Banas, president and chief executive officer of Catlin US, said: "I am very pleased to announce that we are joining forces with W. Brown & Associates to offer general aviation insurance to clients throughout the United States. W. Brown & Associates is well-respected for its aviation underwriting expertise, and we are delighted to become partners with an organisation that shares our commitment to underwriting excellence."
Catlin Group Limited is a major international aviation and aerospace insurer and reinsurer, with gross aerospace-related premium volume of approximately $400m in 2008.
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