When Arrowhead lifted out the small commercial program from QBE and created Arrowhead Core Commercial, in less than a year they went from a product offering in 28 states to 50 states, thanks to a distribution network already in place. “I like to call it distribution prowess,” explained Rich Dern, Arrowhead’s director of business development…. Read More
How carrier relationships helped Arrowhead Workers’ Compensation Program expand to new states
Arrowhead expands its Workers’ Compensation Program into 5 southern states Arrowhead’s and Arrowhead Programs’ carrier relationships were the cornerstone to help their Workers’ Compensation Program expand into five new southern states this fall. Those states include Tennessee, Georgia, North and South Carolina and Alabama, with more states to come next year. “Expansion in these states… Read More
How Arrowhead Programs’ carrier relationships help launch programs and expand business
When Wright Flood identified a unique opportunity in the marketplace for private flood insurance several years ago, they began developing a product to fill the recognized coverage gap. Once the product was developed and carrier Zurich North America was onboard, the first policy was written in less than 10 months, on an admitted program filed… Read More
How Arrowhead Programs’ actuarial support helped Wright Specialty gain a new carrier partner
Arrowhead Programs’ value proposition: Actuarial support and carrier relationships “As an MGA, we straddle a fine line: We must make money for our carrier partner, yet we also must make money for our company. We juggle internal profitability of the business and carrier profitability,” explained Kevin Beer, president of Wright Specialty Insurance, one of Arrowhead… Read More
How innovative technology has paved the way for MGA growth
How Arrowhead Programs’ innovative technology focus has boosted their companies’ growth Arrowhead Programs and parent company Brown & Brown pride themselves on the innovative technology built within its four walls as well as brought in from the Insurtech world. These innovations, in the form of new platforms, tools and more have already begun to increase… Read More
An Inside Look at M&A Strategies for MGAs
Arrowhead Program’s acquisition strategy This article originally published in Insurance Business’s special section on M&As in Spring 2021. Today’s MGAs are engines of profitable growth, heating up the M&A space, say Steve Bouker, Arrowhead EVP, and Chris Walker, Arrowhead CEO and president of Brown & Brown Arrowhead Programs. Both have 30-plus years of experience and… Read More
How Quick Quote’s innovative technology helped streamline the quoting process
Quick Quote takes the “work” out of workers’ comp Although it’s a vital coverage for every business, workers’ compensation is complicated and often difficult to quote and write. Arrowhead, part of Arrowhead Programs, launched an online system that radically streamlined the process several years ago. Called Quick Quote, the platform was upgraded last fall to… Read More
Arrowhead’s “lift-out” model fuels growth
In its nearly 30-year history, Arrowhead General Insurance Agency, Inc., an Arrowhead Programs company, has grown by being flexible, able to pivot at almost a moment’s notice to take advantage of a market opportunity. “We like to say innovation is our middle name, and since we’re a tech-forward company, the transition to teleworking for our… Read More
Partner vs. vendor: When working with startups, the distinction matters
By Ted Stuckey, as published in Carrier Management It’s hard to ignore the energy and attention that Insurtech startups have brought to our industry over the last several years. And with that energy, more insurance carriers and MGAs such as Arrowhead Programs that are looking for a competitive edge and new revenue streams are turning… Read More
Case study: How a carrier program “lift-out” grew Automotive Aftermarket
When Arrowhead took up Zurich’s challenge of growing Automotive Aftermarket, assuming management of their program in 2012, they began looking for ways to offer a wider range of market opportunities for their producers. Arrowhead General Insurance Agency, Inc., is one of Brown & Brown’s Arrowhead Programs companies. Over the years their executive team had noted… Read More