Covenant Underwriters spent 2021 bolstering underwriting results and framework for continued growth and success as a program administrator. There are many causes for celebration as the firm moves into its fourth year of operations.
On March 1, 2021, Covenant Underwriters partnered with Accelerant Specialty Insurance Company (ASIC) for the Hotel Risk Manager program. Accelerant shares Covenant’s vision of removing barriers to specialty insurance.
Some other highlights from the past year:
- Rolled out cutting-edge rating system with four new data integrations
- Expanded capacity/authority in property and casualty lines
As the year ended, Covenant drew closer to finalizing our next program, C-Store Risk Manager (CSRM). This new program, focused on convenience stores, is set to launch in 2022. The team is eager for the new opportunities CSRM will bring Covenant.
Covenant also added more of its most vital resource in 2021: people. By the end of the year the team doubled from five employees to ten. This intentional increase is an important piece to the continued success of the firm. Office comradery and efficiency are at an all-time high and show no signs of slowing down.
Covenant is thankful to each of its partners and teammates who made 2021 such a positive year.