The Specialty Markets division of Munich Reinsurance America, Inc. sets the standard of service in meeting the needs of clients other than traditional insurance companies. Our clients include not only alternative market entities, such as risk retention groups, pools, trusts, reciprocals, and captives, but also managing general agents, managing general underwriters, and program administrators that provide specialized, niche insurance programs. Our deep understanding of insurance and reinsurance, coupled with our unmatched experience in the alternative market, assures that our clients receive superior service from our best-in-class professionals.

We segment our business by client type rather than by line of business. This simplifies your interaction with us by allowing multi-line coverage to be delivered through a single point of contact in one of our three client groups:

Primary Insurance Program Client Group: Serves the needs of managing general agents, managing general underwriters, and program administrators focused on primary insurance program business

Umbrella Insurance Program Client Group: Serves the needs of managing general agents, managing general underwriters, and program administrators focused on supported and unsupported excess/umbrella insurance program business

Alternative Market Risks Client Group: Serves the needs of self-insurers, risk retention groups, pools, trusts, reciprocals, and captives. Within the Alternative Market Client Group there are two subgroups. Our Public and Nonprofit Risks unit works with public entities, scholastic entities, religious organizations, and secular nonprofit organizations. Our Group Commercial Risks unit works with groups whose members are commercial entities.

We also serve:

Individual Commercial Risks: Larger commercial/industrial risks (property risks only) brokered in the United States.

Property Engineered Risks: Owners and contractors of large contruction projects, operational energy facilities, and infrastructure risks.

Products
Our customized, risk-transfer solutions may include both admitted and non-admitted insurance products, as well as reinsurance products, as determined by our client’s needs. We support a broad range of coverages, including:

As part of The Munich Re Group, Munich Re America has experts in virtually all fields of underwriting, actuarial, claims, systems, and supporting services. We take the time to understand your organization. Then, our highly skilled professionals make sure you receive the support and services that best meet your needs.

Munich Re America Corporation’s primary insurance companies provide additional capabilities for our clients.

American Alternative Insurance Corporation (AAIC) is an insurance company domiciled in Delaware. AAIC is a subsidiary of Munich Re America Corporation and an affiliate of Munich Reinsurance America, Inc. The company is an admitted insurer in all 50 states and the District of Columbia. The company writes only commercial lines coverage. | AAIC's A.M. Best rating

The Princeton Excess and Surplus Lines Insurance Company (PESLIC) is an insurance company domiciled in Delaware. PESLIC is a subsidiary of Munich Re America Corporation and an affiliate of Munich Reinsurance America, Inc. PESLIC is admitted in Delaware and is permitted to write business on a surplus-lines basis in all 50 states and the District of Columbia. The company writes commercial lines coverage as permitted by the surplus lines laws in those states. Business can be accepted only from licensed surplus lines brokers. | PESLIC's A.M. Best rating