Arrowhead General Insurance Agency Inc., a leading provider of property and casualty insurance programs and one of the nation's largest program managers, has acquired program manager Alexander Anthony Insurance Agency LLC, which specializes in real estate agents and brokers E&O insurance.
The acquisition is part of Arrowhead's strategic focus on the expansion of its program management franchise into specialty lines of business. The company's significant corporate infrastructure and resources will allow for quick and streamlined integration of this niche program, and more importantly, help Alexander Anthony execute a well-defined geographic expansion plan. Arrowhead's resources include a secure online portal for quoting and policy management as well as operational and marketing expertise. These resources combined with Alexander Anthony's established strong producer relationships and underwriting knowledge will catalyze profitable growth.
Arrowhead's earnest pursuit of Alexander Anthony was driven by the fact the specialty program manager was growing in the face of a challenging market. With the Arrowhead resources supporting the department, this program is expected to grow considerably.
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