Wednesday, January 21, 2015

Knight Insurance Group Announces Entry of Knight Specialty Insurance Company

Begins offering Surplus Lines Paper Nationally


LIGHTNING RELEASES: Los Angeles, CA (1/21/2015) – Knight Insurance Group, a provider of capital support and underwriting capability for niche insurance program business, today announced the entry of Knight Specialty Insurance Company into the surplus lines program community.


Knight Specialty Insurance Company is a Delaware insurer rated A-, Financial Size Category VIII, by A.M. Best. Knight Specialty is wholly owned by Knight Insurance Company, Ltd., a Cayman reinsurer, and is managed by the Knight Insurance Group of Los Angeles, California. Knight Specialty is authorized to write excess and surplus lines business in 47 states.


“The rating of Knight Specialty by AM Best is a boost for the Knight Insurance Group and our current and future MGA partners. It allows us to better serve our existing surplus lines business relationships, and provides a new source of quality surplus lines paper to other programs,” said Eric Jarvis, President of the Knight Insurance Group.


“Knight Specialty’s sound business plan, as well as the strong reinsurance protection provided by its parent, will ensure the stability of the operation. We’ve been a reinsurer of successful surplus lines business and are now able to write it directly,” added Charles Pyfrom, Knight Insurance Group’s Vice President of Program Business.


For more information, contact Eric D. Jarvis, President of the Knight Insurance Group at 323-692-4033.


About Knight Insurance Group: The Knight Insurance Group focuses upon well-managed niche program business on an admitted and non-admitted basis. Knight is part of the $4 Billion, privately held Hankey Group of Companies, a Los Angeles-based financial services group. Its insurance companies include, Knight Insurance Company (Knight Re), KnightBrook Insurance Company, and Knight Specialty Insurance Company.



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