Orlando Harmon
American Specialty Insurance & Risk Services, Inc. is a Managing General Underwriter that provides insurance and risk management services for the sports, leisure, and entertainment industries. The company offers over 50 niche programs, including specialized property, casualty, accident, and health insurance products. With a focus on customer service, American Specialty strives to make the process convenient and straightforward for its clients. Their team has extensive knowledge and experience in these industries, allowing them to offer tailored solutions to meet the unique risks and exposures of their clients' businesses.
| Characteristics | Values |
|---|---|
| Year founded | 1989 |
| Industry | Sports, Leisure & Entertainment |
| Type of company | Managing General Underwriter |
| Parent company | Brown & Brown Insurance, Inc. |
| Number of niche programs | Over 50 |
| Type of programs | Traditional in-house and online |
| Type of insurance | Property, Casualty, Accident and Health |
| Type of services | Risk management, Underwriting, Third-party administration |
| Customer service | Unbeatable, quick turnarounds |
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What You'll Learn
American Specialty Insurance's history and values
American Specialty Insurance & Risk Services, Inc. (ASIC) is a subsidiary of Brown & Brown, Inc. and is headquartered in Roanoke, Indiana. It is an Arizona-domiciled domestic Excess and Surplus Insurance Company and Accredited Reinsurer. ASIC has a unique business model that allows for collaborative risk-sharing and access to customized reinsurance capacity for its partners. The company works with program administrators, brokers, and underwriters to streamline program market processes and optimize efficiencies for the insured.
ASIC caters to the primary program insurance business segment of the US domestic market, focusing on the Commercial Specialty class. Its underwriters are empowered to use their experience and expertise to make decisions, and it trades exclusively in lines of business with no legacy loss exposure. The company has a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of "a-" (Excellent) by AM Best.
American Specialty has been in business since 1989 and has seen a 55% increase in agent distribution over the last three years. The company offers specialized insurance products for the Sports, Leisure, and Entertainment industries, including property, casualty, accident, and health coverages. Their risk management portfolio includes insights to address the challenges of operations, facilities, and large crowds.
American Specialty Express, a platform launched by the company, provides quotes, policies, and certificates for smaller-scale needs in the Sports, Leisure, and Entertainment industries. It offers a fast and convenient process, with quotes available within minutes. The company's team has extensive knowledge and experience within these industries, with many teammates having worked in them firsthand.
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$39.43 $59.99
Industries served by American Specialty
American Specialty Insurance is a trusted insurance expert specializing in the sports, leisure, and entertainment industries. The company offers a range of insurance products, including specialized property, casualty, accident, and health insurance. Their services are tailored to meet the unique needs of businesses and individuals in these industries.
In the sports industry, American Specialty provides insurance coverage for a variety of sports-related events and facilities. This includes everything from athletic competitions and tournaments to sports camps and training programs. Their insurance products can help protect against risks such as injuries, property damage, and liability claims. American Specialty's team includes members with firsthand knowledge of the sports industry, allowing them to better understand the specific needs and challenges of their clients.
For the leisure industry, American Specialty offers insurance solutions for a wide range of leisure activities and venues. This includes insurance coverage for recreational facilities, such as gyms, swimming pools, and parks, as well as for leisure events like concerts, festivals, and cultural programs. Their leisure industry expertise also extends to insurance for travel and tourism-related businesses, ensuring that clients can offer their customers comprehensive protection during their vacations and leisure experiences.
In the entertainment industry, American Specialty provides specialized insurance for various segments, including performing arts, film and television production, and live events. They understand the unique risks and challenges faced by entertainment professionals, such as cancellations, delays, and equipment failures. American Specialty's entertainment insurance can help protect against financial losses and ensure that productions and events can run smoothly, even in the face of unforeseen circumstances.
American Specialty's insurance products are designed to be simple and straightforward, providing their clients with peace of mind so they can focus on their passions and businesses. The company's commitment to customer service, quick turnarounds, and industry expertise have made them a trusted choice for agents, producers, and marketing managers in the sports, leisure, and entertainment industries.
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Insurance products offered
American Specialty Insurance & Risk Services, Inc. is a Managing General Underwriter that provides insurance and risk services for the sports, leisure, and entertainment industries. The company was founded in 1989 and is a member of Brown & Brown Insurance, Inc.
American Specialty offers over 50 niche insurance programs across the United States. These programs include traditional in-house programs as well as online programs providing coverage for short-term special events, teams and leagues, gymnastics facilities, tournaments, and more.
The company specializes in providing simple, straightforward insurance for a variety of events and facilities in the sports and entertainment industries. Their insurance products include specialized property, casualty, accident, and health insurance. They also offer risk management services to address the challenges of operations, facilities, and large crowds.
In addition to their standard insurance products, American Specialty also acts as a third-party administrator for a variety of self-insured and insured programs. They have experience in the sports, leisure, and entertainment industries and utilize this knowledge to offer specialty products that meet today's risks and exposures.
American Specialty's insurance products are designed to be convenient and tailored to the specific needs of their clients. With their extensive knowledge and experience in these industries, they aim to provide an unbeatable customer experience and quick turnarounds on endorsements, policy delivery, and proposal requests.
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Customer service experience
American Specialty Insurance and Risk Services, Inc. has been in the insurance industry for over three decades. The company prides itself on its commitment to excellence and is known for providing quality coverage and outstanding customer service.
The company's customer service experience is designed to be unbeatable, with quick response times and extensive industry knowledge. Whether you are a customer or agent representative, American Specialty aims to provide a seamless experience. They promise to respond to all inquiries within 48 hours and offer multiple channels of communication, including phone, email, and snail mail.
The team at American Specialty consists of experienced professionals with deep-rooted knowledge of the Sports, Leisure, and Entertainment industries. Many teammates have worked in these industries and can leverage their first-hand knowledge to better serve clients. They understand the unique risks and exposures in these industries and can offer specialized products to meet those needs.
American Specialty also provides specialized property, casualty, accident, and health insurance products through exclusive underwriting management and relationships with highly-rated insurance companies. Their risk management portfolio includes insights to address the challenges of operations, facilities, and large crowds.
The company's customer service representatives are dedicated to upholding the highest standards of accuracy and compliance. They work diligently to ensure that every claim is handled with care and strive to make the claims process as easy as possible for their customers.
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Claims handling
American Specialty Insurance provides insurance for the sports, leisure, and entertainment industries. They offer specialised property, casualty, accident, and health products.
American Specialty aims to make the process of filing a claim as convenient as possible. They have a dedicated team of claims professionals with deep industry experience and knowledge of your organisation's specific needs. When a claim is reported, they respond quickly with specialised adjusters who are equipped with advanced technology and analytics to assist in the claims resolution process.
If you are involved in an incident that may result in a liability claim, such as someone being injured or property being damaged, you must immediately report this information to the American Specialty Express Program Administrator. You can do this by completing an Incident Report Form and sending it to the provided address, email, or phone number. Keep a copy of the form for your records.
For loss or damage to covered property, you must also report this immediately to the American Specialty Express Program Administrator.
If you are involved in an accident involving a serious injury or fatality, follow the accident reporting instructions provided by your insurance provider. You may also need to locate an authorised medical provider.
When making a claim, it is important to work with experts who understand your loss and can guide you through the process. American Specialty's customer service, responsiveness, and industry expertise aim to make your life easier during the claims process.
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Frequently asked questions
American Specialty is a Managing General Underwriter and Risk Services company, providing insurance for the Sports, Leisure & Entertainment Industry. They offer over 50 niche programs and specialize in simple, straightforward insurance for a variety of events and facilities.
American Specialty offers specialized property, casualty, accident, and health insurance products. They also provide coverage for short-term special events, teams & leagues, gymnastics facilities, and tournaments.
You can apply for insurance with American Specialty by contacting their team and providing details of your specific needs. They pride themselves on unbeatable customer experience and quick turnarounds, so you should expect a swift response.
American Specialty believes that insurance should be about what the customer needs, not what the company needs from the customer. They aim to provide an unbeatable customer experience and have extensive knowledge and experience within the industries they serve.
