Watford Re established two insurance companies to target the U.S. marketplace focusing on casualty program business: Watford Specialty Insurance Company (“WSIC”), a New Jersey domiciled excess and surplus lines carrier and Watford Insurance Company (“WIC”), a New Jersey domiciled admitted carrier. Together these companies are referred to and branded as “Watford U.S.”
The Watford U.S. companies write business through a select network of Program Administrator/Managing General Agent partners to create unique insurance products by developing specific underwriting guidelines, authorities and procedures. We at Watford U.S. value our relationships and affiliations with Program Administrators/Managing General Agents who share our goal of long-term and mutually profitable partnerships and are integral to the companies’ success.
Both WSIC and WIC are registered with the NAIC and carry an A- (Excellent) rating, Financial Size Category XII ($1 Billion to $1.25 Billion) by A.M. Best.
Through a series of service agreements, Watford U.S. benefits from underwriting support and other services from Arch Underwriters Inc. (DBA AUI Insurance Services), a member of Arch Capital Group Ltd. Although Arch was one of the original sponsors of Watford in 2014, and remains a shareholder, the Watford companies are not subsidiaries of or members of Arch Capital Group.
Any questions regarding the relationship between Watford U.S. and Arch, please contact firstname.lastname@example.org.
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Target Markets Program Administrators Association (TMPAA)
Wholesale & Specialty Insurance Association (WSIA)
Council of Insurance Agents and Brokers (CIAB)