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AF Group Enters Assumed Reinsurance Marketplace –

Michigan Business Beat
July 8, 2021 3:00 PM

af group

Partners with Waypoint Underwriting Management

An industry leader in offering specialty insurance products, AF Group today announced its entry into the assumed reinsurance marketplace through a new partnership with Waypoint Underwriting Management. The partnership aligns AF Group, a national leader in specialty insurance with Waypoint, a proven expert in reinsurance risk underwriting and pricing. Waypoint will begin underwriting property, workers’ compensation, and casualty treaty reinsurance for and on behalf of AF Group beginning July 1.

“We are extremely excited to partner with Waypoint,” said Lisa Corless, president, and CEO of AF Group. “This agreement further leverages our growing reinsurance platform and provides an outstanding opportunity to further diversify our business through our exploration and delivery of specialty products to meet new and unique customer needs.”

“Four years of relentless effort, key additions, adaptation, and constant self-improvement have elevated Waypoint to a first-choice reinsurance partner,” said Joseph Horan, managing partner at Waypoint. “This exciting announcement with AF Group reflects our continued commitment to bring strong financial capacity to the reinsurance market across a diverse and balanced product offering.”

The assumed reinsurance product is part of AF Group’s AF Specialty division. AF Specialty provides fronting services and captive solutions to insurance carriers, managing general agents, reinsurance intermediaries, and captive managers seeking a fronting facility to place well-managed turnkey commercial property and casualty programs. They provide eligible partners with multiple entities of fronting paper which allows AF Specialty to write a broad spectrum of coverages on a national platform.

To learn more about AF Group and its brands, visit AFGroup.com.

About AF Group
Headquartered in Lansing, Michigan, AF Group is an industry leader and a premier provider of innovative insurance solutions. The collective strength of AF Group ensures that our customers have access to knowledgeable insurance professionals and the support needed to keep costs down and workers safe.

AF Group’s focused and passionate team uses industry-leading best practices, analytics and resources to manage risk and minimize loss for our policyholders while strengthening businesses with our valued independent agent partners.

We strive to continuously increase the long-term value of our organization by outperforming our industry peers and fostering a culture of underwriting and claims excellence.

The individual focus of our brands combines their specialized knowledge of the industries they serve with the collective strength and support provided by AF Group. Together, our business is helping businesses — small and large — throughout the country. - https://www.afgroup.com/about-us/who-we-are/

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