AF Group in Lansing Expands into Commercial Auto Insurance
Lansing's AF Group has expanded into commercial auto insurance with the launch of Fundamental Underwriters. The company will insure fleets.
Lansing’s AF Group, a provider of insurance solutions, today announced its expansion into commercial auto insurance with the launch of Fundamental Underwriters, a new product aimed at providing insurance coverage for accounts with specialty risks.
Fundamental is based in Chicago, with claims, underwriting, and loss control staff led by Westburg in Pennsylvania.
“AF Group has a history of developing new products in response to the needs of our valued agents and policyholders, and the introduction of Fundamental Underwriters is the direct result of an opportunity identified in the marketplace,” says Lisa Corless, president of AF Group. “With more than 100 years of excellence as a specialty carrier, we are uniquely positioned to offer this coverage, which is a natural fit for our organization and a great option for new customers.”
Fundamental Underwriters is a managing general underwriter specializing in management and pricing of harder-to-place risks, delivering individual underwriting solutions, consultative loss control programs, and rapid claims resolution. Fundamental writes primary commercial auto and physical damage through Third Coast Insurance Company, which insures public and private fleets of 30-300 units. Fundamental writes more than $2 million in commercial trucking premium.
“This is an incredible opportunity for us to build something new and broaden our product offerings,” says Marguerite Dixen, president of Fundamental Underwriters. “The significant gap in this market will allow our expert staff to demonstrate our value through an exceptional underwriting model, first-class in-house claims, and effective loss control services. We're excited to bring this product and our proven expertise to a new customer base.”
Insurance policies may be issued by any of the following companies within AF Group: Accident Fund Insurance Company of America, Accident Fund National Insurance Co., Accident Fund General Insurance Co., United Wisconsin Insurance Co., Third Coast Insurance Co., and CompWest Insurance Co.