As we continue to grow with our agency and carrier partners, we felt it necessary to clarify and differentiate our operating model from that of Cennairus LLC and its affiliates.
Sarasota, FL (PRWEB) November 18, 2010
Effective Monday, November 1, 2010, Matias Underwriters began the re-branding transition away from Cennairus Underwriters.
Glenn Matias, president, said "As we continue to grow with our agency and carrier partners, we felt it necessary to clarify and differentiate our operating model from that of Cennairus LLC and its affiliates.".
Cennairus LLC is a leading insurance wholesaler that is committed to bringing innovative solutions to market. It has built a solid reputation on the basis of its software initiatives with respect to CompLinx, InsureLinx, and InsurePay and has delivered on its commitment with competitive insurance programs and state-of-the-art agency management and billing systems.
As the endorsed underwriting software for the FL JUA, CompLinx / InsureLinx (and therefore, Cennairus) has become synonymous with the involuntary market’s keep-out and take-out programs. As a result, the Cennairus brand has developed a connotation in the marketplace as a wholesale outlet for hard-to-place, small account business.
In addition, the development of its proprietary pay-as-you-go software, InsurePay, has solidified Cennairus' position as an integral player in the small account environment. Lastly, Cennairus LLC and its affiliates support a very broad-based and widespread agency distribution platform through a large number of carrier appointments.
Though they share the common goals of best practices, superior service and added value, Cennairus Underwriters and Cennairus LLC have inherently different operating models.
Cennairus Underwriters, now Matias Underwriters, was developed as an underwriting agency specifically intent on representing a limited number of strategic carrier partners. Its underwriting and marketing initiatives are organized into specialty practices within certain industry niches and its distribution platform focuses on a limited number of specialized agents that operate within those niches.
Along with guaranteed cost programs, Matias Underwriters' products include dividend, large deductible, and large risk alternative rating options and, as such, garner larger account business within the traditional program environment.
Matias indicated that while it was important to create a distinct identity to eliminate any confusion in the marketplace, the operation itself will remain unchanged.