NEW YORK (February 23, 2023) – RB Jones, a leading Managing General Underwriter providing specialty risk coverage solutions for brokers, agents and wholesalers, today announced it had secured additional capacity from Atain Insurance Companies, an “A” rated (Excellent IX by AM Best) insurance carrier. The additional capacity enables RB Jones to expand its Primary Marine and Excess Marine & Energy Liability business.
“Today’s insurance marketplace conditions remain challenging with capacity constraints particularly in the marine and energy sector – this expanded capacity signals our intention to grow this sector of our business,” said Mark Engel, Managing Director. RB Jones Marine & Energy. “Our team is equipped with the expertise to provide the highly specialized solutions our clients require and now we have the added resources to match increased demand.”
Currently, RB Jones works closely with Atain on an exclusive Ocean Marine Cargo program. Collaboration between the two companies will result in the continued development of new products and coverage solutions.
“Atain’s relationship with RB Jones is built on trust and consistently strong results,” said Chris Zoidis, President & CEO, Atain Insurance Companies. “We appreciate the sophisticated underwriting capabilities that RB Jones has developed and believe they have the right team in place to manage the increased Marine & Energy risk complexities that we continue to see in the marketplace.”
RB Jones is coming off a strong 2022, delivering 40 percent growth in a single year. That success can be attributed to a number of areas, including:
- Launching New Solar and Ocean Cargo Programs: RB Jones Marine & Energy introduced an exclusive Solar underwriting facility and acquired an Ocean Cargo solution that uses sensor data collection and advanced analytics to provide better pricing and enhanced coverage.
- Expanding Property & Professsional Liability Capabilities:
- Global Excess Partners, an H.W. Kaufman Group company, was rebranded as RB Jones Property to create a more streamlined offering that delivers industry-leading products and services for Large Property and Middle Market accounts.
- RB Jones Professional launched with its flagship product ProConstruct, an exclusive program that provides Professional Liability coverage to a broad range of professionals within the construction lifecycle.
About RB Jones
Founded in 1905, RB Jones is a leading Managing General Underwriter providing specialty risk coverage solutions to brokers, agents, and wholesalers, including: Commercial Marine, Excess Energy, Commercial Property, Large Property Schedules, Middle Market Property, Flood, Professional Liability, Specialty General Liability, Commercial Umbrella/Excess Liability, and other unique products. More information can be found at www.rbjonesinsurance.com.
RB Jones is a member of H.W. Kaufman Group, which has over 60 offices across the United States, Canada, Europe, and South America and employs more than 2,000 professionals. More information can be found at www.hwkaufman.com.
About Atain Insurance Companies
Atain is an admitted and non-admitted property and casualty insurance company dedicated to serving niche programs and excess & surplus (E&S) markets. Licensed in 50 states, Atain underwrites numerous lines of business including professional liability, general liability and commercial multi-peril risks. A.M. Best affirmed Atain with an “A” (Excellent) Financial Strength Rating.
Atain is a member of H.W. Kaufman Group, which has over 60 offices