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Aegis Financial Lines Partners with Capacity Providers to Expand Capabilities for Risks in New York

Sep 24, 2024•over 1 year ago

Contract Type

partnership

New YorkFinancial ServicesEmployee BenefitsInsurance

Description

Aegis Financial Lines (AFL) in partnership with sister company K2 Financial announces their expanded capabilities to write admitted risks located in New York, offering up to $5M in capacity. AFL also offers $10M in capacity on a non-admitted basis for Financial Institutions nationwide, specializing in FinTech businesses.

Company Information

Company

Aegis Financial Lines (AFL)

Location

New York, New York, United States

About

AFL, a division of Aegis General Insurance Agency, in partnership with sister company K2 Financial, provides specialized insurance solutions and claims support for investment businesses and Fintechs.

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Strategic

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months