K2 Insurance Services, a subsidiary of Aegis General Insurance Agency, has announced a strategic partnership with Homesite Underwriting Managers, the program business unit of Homesite Insurance Group.
“Homesite’s record of success and innovative focus within the residential property market will allow Aegis General to continue our growth trajectory and industry-leading profitability within the manufactured-home and affordable-housing insurance sectors,” said Bob Kimmel, president and CEO of K2.
Aegis General is a specialty program administrator that manages property insurance products for manufactured homes and specialty dwellings. Homesite, an affiliate of American Family Insurance Group, offers homeowners’, condo, renters’, small business, flood and term life insurance in nearly all 50 states.
“Homesite Underwriting Managers was established to maximize unique and sustainable opportunities within the program space,” said Grace Meek, president and CEO of Homesite Underwriting Managers. “Aegis General’s affordable housing program fits perfectly, with unique specialty expertise and full turnkey insurance program capabilities.”
“Homesite is one of the fastest-growing insurance companies in the industry,” said Jeremy Gluck, senior vice president of Aegis General’s affordable housing unit. “Its customer-driven focus on technology and enhancing the insurance-buying experience is perfectly aligned with our approach to this underserved market segment.”