Insurance

Origin Specialty acquires agricultural insurance specialist MGU

Origin Specialty acquires agricultural insurance specialist MGU

Insurance News

Written by Haley Andrea Alcaraz



Origin Specialty Underwriters Agency, Beyond Risk’s partner and specialist in innovative risk solutions, has acquired Agricultural Insurance Management Services (AIMS), a public underwriter specialising in agricultural insurance.

The acquisition supports Beyond Risk’s mission to partner with “exceptional teams and markets” to deliver diverse software underwriting and alternative risk financing solutions, Origin Specialty said in an announcement Thursday.

AIMS was founded by veteran Clark Lindley to meet the need for high quality insurance solutions for agricultural businesses.

Lindley began underwriting policies in-house in 2000 while expanding the company’s agricultural agent network. Now, AIMS offers insurance solutions to farms, ranches, horse operations, real estate and commercial agricultural growers.

Its solutions include various farm-related coverages such as homes, barns, farm equipment, automobiles and liability.

In a statement, Lindley said Origin Specialty’s approach to program underwriting, carrier and reinsurance partnerships and products, distribution relationships, and operating platform will allow AIMS to expand the distribution of its existing offerings while adding new solutions for customers and agents.

Nino Djordjevic, President of Origin Specialty, said he was impressed with AIMS’ underwriting and customer service capabilities.

“Their long-standing relationships with agents and transportation partners align with our principles at Origin Specialty, and we are excited to continue to grow with the AIMS team, reaching a broader network of agents and brokers together,” said Djordjevic.

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