May 25, 2021 – We are delighted to announce a new capacity partnership with AF Group. Headquartered in Lansing, Michigan, AF Group carries an “A” rating and financial size category XII ($1 Billion to $1.25 Billion) from AM Best.
Waypoint and AF Group share a common focus of bringing superior products and services to the marketplace. Both companies believe our firms success has been made possible through the ongoing commitment to excellence of our employees. Waypoint is proud to bring this common focus and belief to our Cedents and broker distribution,” said Jason Denechaud, Managing Partner at Waypoint.
Waypoint will be underwriting Property, Workers Compensation and Casualty treaty reinsurance for and on behalf of AF Group effective 7/1/21.
“Over four years of relentless effort, key additions, adaptation and constant self-improvement have elevated Waypoint to a first-choice reinsurance partner. This exciting announcement with AF Group reflects our continued commitment to bring strong financial capacity to the reinsurance market across a diverse and balanced product offering,” said Joseph Horan, Managing Partner at Waypoint.
Based in Basking Ridge, New Jersey, Waypoint Underwriting Management, LLC is a specialty reinsurance managing general underwriter (MGU) operating primarily in the United States, offering Property, Casualty, Workers Compensation and A&H reinsurance solutions to insurers. Waypoint also acts as a primary MGU for Personal Accident insurance and a consultant for filing, forms and actuarial memos in the Accident insurance space.
We succeed in the market by employing these guiding principles:
- A value centered culture of Teamwork, Transparency, Accountability and Respect
- Technical underwriting
- Empowered and responsive underwriters
- Unified effort to grow relationships with cedents across multiple lines
- Client focused