Avoca Insurance Holdings (AIH) is a privately held, independent company founded in Bermuda in January 2009. The company was established to start up, own, and operate highly specialized underwriting management companies.
Avoca is committed to generating outsized underwriting profits by blending highly experienced underwriting talent with purpose-built technology and strong portfolio management controls.
Critical to Avoca's success is its working relationships with major carriers in London, Bermuda, Europe and the United States. Avoca seeks to offer its carrier partners unparalleled transparency and communication.
Avoca currently operates two underwriting businesses and an underwriting services company:
Avondale Insurance Associates (AIA) – Property & General Liability Excess and Surplus Lines Underwriting Management Company. Founded in 2006, Avondale is led today by Daniel Hinchliffe and a team of seasoned underwriters that have decades of experience in the US E&S wholesale marketplace.
Website: www.avondaleins.com
ATS Underwriting (ATS) – Formed in 2020, ATS has rapidly become a Go-To market for Traditional and Captive Medical Stop Loss solutions. With a focus on small to mid-sized employee groups, the company, led by Andrew Trupiano, represents a cadre of best-in-class carriers. ATS deploys advanced predictive analytics, underpinned by deep sector underwriting experience. The business is headquartered in Beverly MA, with satellite offices in Boston and Manchester NH.
Website: www.atsunderwriting.com
Avoca Risk Underwriting Solutions (ARUS) is a standalone subsidiary of AIH. Headquartered in Manchester, NH, the company provides full operational infrastructure to each of the Underwriting Companies. This includes the development of proprietary fit-for-purpose software built around best-in-class business processes including an outsourcing function. Services provided by ARUS include but are not limited to: Submissions processing through the policy life cycle, Portfolio Analytics, Catastrophe Modelling, Policy Form development, Fiduciary Accounting, Carrier Production and Financial Reporting, Finance and Accounting, Legal and Due Diligence, Underwriting Training programs and Group Human Resources.
In addition, ARUS handles all risk capital provision to the underwriting businesses, maintaining contracts with a multitude of domestic and global [re]insurance companies.
ARUS is designed to offer full infrastructure to third-party underwriting teams or divisions of specialty carriers looking to radically reduce handling expenses in addition to supporting the growth of its sister companies within the Avoca Group.
For additional information please contact:
Andrew Carvill
Group CEO
209 South LaSalle Street
Suite 503
Chicago, IL 60604
Email: acarvill@avocaup.com
Office Phone: 312-416-1550
Cell Phone: 312-451-1061
UK Cell: (44) 7968 028711