May 23, 2013 9:39 AM ET

Insurance

Company Overview of Arrowhead General Insurance Agency, Inc.

Company Overview

Arrowhead General Insurance Agency, Inc., an insurance program manager, provides insurance products in the United States. The company offers commercial products, such as commercial auto and marine, traffic control, umbrella/excess liability, and workers' compensation; and personal products in the areas of condo, dwelling fire, high performance boats, homeowners, personal auto, personal motorcycle, personal umbrella, residential earthquake, tenant, and yachts. It also provides architects and engineers liability, automotive aftermarket, ambulance, real estate agents, and special risk insurance products. Arrowhead General Insurance Agency, Inc. has a strategic alliance with Everest Security Ins...

Detailed Description

701 B. Street

Suite 2100

San Diego, CA 92101

United States

Founded in 1983

Phone:

619-881-8600

Fax:

619-881-8694

www.arrowheadgrp.com

Key Executives for Arrowhead General Insurance Agency, Inc.

Chief Executive Officer and Director
Age: 54
President and Director
Chief Operating Officer
President of Architects & Engineers Professional Liability
President of Commercial Earthquake and Director
Compensation as of Fiscal Year 2012.

Arrowhead General Insurance Agency, Inc. Key Developments

Everest Security Insurance Company Announces Strategic Alliance with Arrowhead General Insurance Agency, Inc

Everest Re Group Ltd. announced that Everest Security Insurance Company has entered into a definitive agreement with Arrowhead General Insurance Agency, Inc., whereby ESIC will transfer certain assets associated with its non-standard automobile business to Arrowhead. Effective April 1, 2013, all of ESIC's employees will become employees of Arrowhead and Everest will become the exclusive underwriter of the combined non-standard automobile book of business for Arrowhead. This strategic alliance will grow Everest's non-standard automobile business from $30 million to approximately $80 million under the combined book. The pairing of Everest's financial strength with Arrowhead's longstanding expertise in the non-standard automobile sector creates operational efficiencies and growth opportunities for both parties.

ARROWHEAD General Insurance Agency, Inc. Announces Management Changes

ARROWHEAD General Insurance Agency, Inc. In his new role, Shomphe will define the overall technical strategies for the company's core application architecture and information technology infrastructure as well as internal and external customer support, as reported by Insurance Journal. Nordost, who replaces Dick Hoye will be responsible for implementation of technology systems, required to improve operational efficiency and information availability to Arrowhead's carriers and producers. Shomphe joined the company in 2008 as a software architect, while Nordost joined the company as a business systems analyst in 2002.

ARROWHEAD General Insurance Agency, Inc., Brown & Brown Inc. - M&A Call

To discuss merger agreement between Brown & Brown Inc. and ARROWHEAD General Insurance Agency, Inc.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 27, 2013
Everest Security Insurance Company, Certain Non Standard Automobile Business Assets
 

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