Insurance – Consumer PlatformK2 Insurance forms Strategic Program Administration Partnership with Homesite Insurance Group

Ashish Y. Ashish Y.January 27, 20203 min

K2 Insurance Services announced the formation of a strategic partnership with Homesite Underwriting Managers

Aegis General Insurance Agency subsidiary of K2 Insurance Services announced the creation of a strategic partnership with Homesite Underwriting Managers, the program business unit for Homesite Insurance Group.

Bob Kimmel, President and CEO of K2 said that “Homesite’s record of success and innovative focus within the residential property market will allow Aegis General to continue our growth trajectory and industry-leading profitability within the sectors od manufactured home and affordable housing insurance.”

Aegis General based in Harrisburg, Pennsylvania,  is a specialty program administrator, that manages property insurance products that are a successful line, namely specialty dwelling products and manufactured home. The products are distributed nationally via numerous channels and companies.

Located in Boston, Massachusetts, Homesite, a member of the American Family Insurance group, is a direct insurance company. The company offers homeowners, renters, small businesses, condo, flood and term life insurance in nearly all 50 states, and has an “A-Excellent” financial strength rating from A.M. Best.

President and CEO of Homesite Underwriting Managers, Grace Meek, said that Homesite Underwriting Managers was founded to maximize unique and sustainable opportunities within the program space. Affordable Housing program of Aegis General fits perfectly, with unique specialty expertise and full turn-key insurance program capabilities.

Homesite and Aegis have established their partnership based on a strong foundation of common core values involving a commitment to partners, employees, and customers. Both organizations place a high value on technology and improving the way customers purchase insurance.

Jeremy Gluck, Senior Vice President of the Affordable Housing unit of Aegis General stated that Homesite is one of the fastest-growing insurance companies in the industry. Its customer-driven focus on technology and optimizing the insurance-buying experience is perfectly aligned with the Aegis General’s approach to this under-served market segment.

Ashish Y.

Ashish Y.

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