ROLLING MEADOWS, Ill.--(BUSINESS WIRE)--Origin Specialty Underwriters Agency, LLC (“Origin Specialty”), an expansive Managing General Underwriter (“MGU”) leader in innovative risk solutions and partner company of Beyond Risk, is pleased to announce the acquisition of Agricultural Insurance Management Services, LLC (“AIMS”), an agribusiness insurance-focused MGU. This acquisition supports the Beyond Risk mission to partner with exceptional teams and markets to offer our clients diverse program underwriting and alternative risk financing solutions.
Industry veteran Clark Lindley founded AIMS to address the need for quality agribusiness insurance solutions. In 2000, Clark began underwriting policies in-house while expanding AIMS’ agricultural agent network. Today, AIMS is an agribusiness-focused MGU providing exceptional insurance solutions to farms, ranches, equine operations, estate farms, and commercial growers of agricultural products. AIMS offers a variety of farm-related coverages, including homes, barns, farm equipment, auto, and liability.
“We are excited to partner with the Origin Specialty team. Origin’s approach to program underwriting, carrier and reinsurance partnerships and products, strong distribution relationships, and unique operational platform will allow us to expand the distribution of our existing product offerings while adding innovative solutions for our clients and agents,” says Clark Lindley, President of AIMS.
“I am impressed with the underwriting capabilities at AIMS and outstanding customer service provided to their agents and insureds, which Clark and his team have built over the last 20+ years,” said Neno Djordjevic, President of Origin Specialty. “Their long-standing agent and carrier partner relationships match our ethos at Origin Specialty, and we are excited to continue to grow with the AIMS team, reaching a broader network of agents and brokers together,” he added.
“The partnership with the AIMS team is a strategic expansion of Origin Specialty’s business and complements our existing products at Beyond Risk. Partnering with the AIMS team is a compelling opportunity to increase our combined underwriting and expand in an underserved market with a leading program underwriting team,” said Blake Wakefield, CEO of Beyond Risk.
Both companies' clients and partners can expect a seamless transition and an enhanced suite of services designed to meet their evolving needs and preferences.
For more information about Origin Specialty, Beyond Risk, and AIMS, please visit https://origin-specialty.com/, https://www.beyondrisk.com/, and https://www.aimscentral.com/.
Advisors
Marsh, Berry & Company acted as the exclusive financial advisor for the Seller.
About Origin Specialty
Origin Specialty aims to be the nation’s preferred specialty insurance provider for small and mid-sized risks. Specialists in restaurant, hospitality, excavation, and worker’s comp programs, we provide innovative insurance product solutions that protect against risk with our deep understanding of client needs.
About Beyond Risk
Beyond Risk was created to become the largest and most comprehensive independent risk management solutions provider to help middle-market and SMB clients manage their risks. Transparency, trust, and integrity underpin how we operate and are the hallmarks behind our success, along with an unwavering commitment to helping make a difference in a client’s approach to risk.
About AIMS
Founded in 2000 by industry veteran Clark Lindley and licensed in 30+ states. Clark and his underwriting manager Tammy Hooker, brings over 50+ years of underwriting and carrier experience in the agriculture sector. AIMS’ mission is to help retail insurance brokers with placing their farm risks. We carefully match brokers with carriers to provide a broad range of farm and farm-related coverage for America's farmers.
