The company writes business emanating from the existing business of the shareholders and new business developed by its management. The company focuses on well-managed niche programs having an 90% or better combined ratio, with emphasis on commercial auto, general liability, financial guaranty, and other specialty areas. The company does not generally contemplate long-tail or catastrophic exposed business.
KnightBrook’s financial performance objectives are to achieve and maintain underwriting profitability, preserve and grow surplus, and maintain a moderate underwriting leverage, while adequately utilizing its existing excess capital. The insurance programs written by KnightBrook have produced favorable loss ratios historically, an and the underwriting results from these core programs are expected to remain strong.
Capitalization and Liquidity
KnightBrook maintains a level of capitalization that strongly supports its asset, credit, and underwriting risks. The Company expects to maintain strong risk-adjusted capitalization and moderate underwriting leverage as its conservative growth and operating strategies are implemented. The company maintains adequate liquidity as its invested assets exceed overall liabilities. Liquidity measures are above the industry composite.
KnightBrook Insurance Company is a premier specialty insurance company underwriting superior niche program business. KnightBrook is supported by its affiliates at the Knight Insurance Group and Venbrook Group. KnightBrook arises from the 2008 merger of Northwestern Insurance Company and Excess Reinsurance Company. KnightBrook is rated A- by AM Best.
1807 North Market Street
Wilmington, Delaware 19802
927 West Main Street
Valley View, Pennsylvania 17983