ICW Group enters E&S market with new business unit, ICW Specialty

California-domiciled privately held insurance company, ICW Group Insurance Companies, has launched a new Excess and Surplus (E&S) business unit, ICW Specialty.

The unit is being launched through VerTerra Insurance, ICW Group’s Excess and Surplus lines insurer.

Operating out of Atlanta, ICW Group will build ICW Specialty’s products and “go-to-market and distribution strategies” from the ground up, with Excess Casualty expected to be the first product to launch under the unit next year.

Tracey Estes will join ICW Group as Chief Underwriting Officer of ICW Specialty to spearhead the strategy, development, and deployment of the company. Her appointment is effective following the completion of her current duties at MSIG.

The new E&S product unit aligns with the company’s larger strategic vision under its new President, Mark Moitoso, to focus on growth and diversify its offerings to best serve its customers and an evolving marketplace.

Moitoso commented, “ICW Group is on a journey to pursue new market opportunities, diversify our product offerings, and strengthen our brand. As we grow, we remain committed to providing the best insurance experience possible to our policyholders and agent and broker partners.

“Our entry into the E&S market segment is a pivotal step in our evolution, building on our culture of underwriting and service excellence while positioning us for sustained profitable growth.”

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