United Risk launches Applied Logistics Underwriters to continue expansion in the US and strategic global markets

New York (ots/PRNewswire) - The new resource, led by veteran industry expert Alex Rosas, will give brokers additional clout for logistics and marine clients. Rick Christofer, President and Chief Commercial Officer of United Risk, announced the formation of a new division called Applied Logistics Underwriters (AppliedLU.com), which will provide insurance coverage in the critical logistics, transportation, and marine sectors using modernized and technology-enabled underwriting processes. The division has commenced operations at the offices in Miramar, Florida. According to Mr. Alejandro "Alex" Rosas-Salgado, President of Applied Logistics Underwriters ("ALU"), the division will initially serve US clients and then expand into key global markets for logistics and related product businesses to become the first point of contact for carrier/ocean freight, inland transportation, warehouse-related all-risks insurance, carrier legal liability, carrier legal liability (all modes of transportation), carrier errors and omissions, warehouse liability, and other emerging focus areas: "The US and global markets offer great potential for ALU due to our technological innovations and experienced staff in all areas of specific coverage areas. Through a culture of optimized services, staff support, superior product knowledge, and our total commitment to partnerships in our niche and general insurance areas, we have begun to gain the loyalty of brokers and their clients. We We are proud of the technological expertise we will apply in the underwriting of marine and inland waterway insurance to elevate our relationships to a new, better level. Through the sophisticated integration of analytics and technology, we will transform these historically inefficient lines of business." According to Mr. Christofer, ALU was born out of the apparent lack of excellence in the industry's transaction methodologies, combined with the application of proven approaches to the challenges posed by the risks in this vital sector: "From simplifying the complex reporting requirements in this sector to developing solutions in the many associated niche markets, we are shifting the underwriting paradigm from one 100% based on the underwriter's experience to one where the underwriter's knowledge and experience is backed by solid historical data, introducing a range of new practices previously unexisting in the logistics industry. ALU is the first." Mr. Rosas literally comes from an insurance family with a heritage spanning over 155 years and began his He began his career at the age of 16 as a recreational marine insurance apprentice. Since then, he has built a distinguished track record in the industry, with extensive experience in ocean freight, hull, P&I, marine general liability, recreational boating, inland waterway, and logistics. He serves as both an inland waterway and ocean underwriter—one of approximately a dozen such hybrid logistics underwriters in the U.S. Since 2002, he has held various key positions, first with Integrand Assurance Company in San Juan, Puerto Rico (2002-2007), then as a member of the team that built the U.S.-based Blue Waters Insurers Corp., where he oversaw all marine insurance practices for over 10 years. He then moved to Sompo International (2014-2017), where he expanded the company's logistics portfolio in Japan, Mexico, and the USA, before joining Amwins in 2018, where he established and led the Specialty Logistics Underwriting Division. About United Risk Global (www.unitedrisk.global) United Risk Global is an international platform for the underwriting and distribution of property and casualty insurance, managed independently of its practice partners and linked to Applied Underwriters operationally and through their shared, strong brand identity. United Risk's headquarters are located at 50 Rockefeller Plaza in New York. About Applied Underwriters (www.auw.com) Applied Underwriters® is a global risk management company that helps businesses and individuals navigate uncertainty through its services, insurance, and reinsurance solutions. As a company, Applied Underwriters is distinguished by its innovative approaches to client service and its strong financial strength. Applied Underwriters has a broad presence in the United States, the United Kingdom, the European Union, and the Middle East. Its operational headquarters are in Omaha, Nebraska. Logo - https://mma.prnewswire.com/media/2365569/UnitedRisk_Horz_Logo.jpg View original content: https://www.prnewswire.com/news-releases/united-risk-launches-applied-logistics-underwriters-to-continue-expansion-in-the-us-and-strategic-global-markets-302471226.html Press contact: For further information, please contact [email protected] Original content from: Applied Underwriters, transmitted by news aktuell Original report: https://www.presseportal.de/pm/159682/6047468