April 18, 2014 1:21 PM ET

Insurance

Company Overview of First Capital-AWIS, LLC

Company Overview

First Capital-AWIS, LLC, doing business as First Capital Group, operates as a program manager that markets, underwrites, and administers commercial property and liability insurance products in the United States. It offers property and liability insurance, underwriting, inspection and loss control, claims administration, and management consulting services. The company markets its products through a network of wholesale insurance brokers. First Capital-AWIS was formerly known as First Capital Group and First Capital Agency, Inc. The company was founded in 1995 and is based in Roslyn, New York. As of November 27, 2006, First Capital-AWIS, LLC is a subsidiary of Arrowhead Wholesale Insurance Ser...

3 Expressway PlazaSte 220

Floor 2

Roslyn Heights, NY 11577

United States

Founded in 2006

Phone:

516-466-1313

Fax:

516-395-4465

Key Executives for First Capital-AWIS, LLC

Chief Underwriting Officer and Executive Vice President
Senior Vice President
Executive Vice President
Senior Vice President
Compensation as of Fiscal Year 2013.

First Capital-AWIS, LLC Key Developments

First Capital and Hudson Insurance Group Updates on New Insurance Services Professional Liability Facility

First Capital-AWIS, LLC and Hudson Insurance Group introduced a new insurance services professional liability primary and excess facility underwritten by Hudson and administered exclusively by First Capital. The Facility offers a range of insurance services classes, including retail and wholesale insurance agents and brokers, MGAs, MGUs, third party administrators, multiple employer trusts, captives, self-insured plans, risk retention groups, risk purchasing groups, regional insurance companies, claims adjusters, reinsurance intermediaries, insurance actuaries and risk management and loss control consultants. The Facility will be marketed through an exclusive network of wholesale producers appointed by First Capital offering capacity of $5,000,000 and the following standard and available optional features: Minimum Premium of $7,500 and Minimum Retention of $5,000, 50/50 Hammer Clause with options as low as 20/80, First Dollar Defense -50% Retention Credit For Mediation (subject to $25,000 maximum credit), Duty to Defend, Claims-Made and Reported Coverage, Aggregate Retention Available. Reported Coverage, Aggregate Retention Available- Breach of Privacy, Breach of Security, Intellectual Property Rights Infringement and Personal and Advertising Injury coverage, Prior Acts coverage available for accounts with prior and continuous coverage, 60 Days Automatic Extended Reporting Period, Disciplinary Proceedings Coveragem, Loss of Earnings and Expense Reimbursement, Punitive Damages Coverage With "Most Favorable Venue Wording", Independent Contractors Coverage, Automatic Subsidiary Coverage, Final Adjudication Wording for personal conduct exclusions, Payment of Claim Expenses for Injunctive Relief Claims, Mutual Selection of Defense Counsel, Extended reporting period up to five years, True Worldwide Coverage, Coverage for sale, servicing and advising of mutual funds.

First Capital and Hudson Insurance Group Announce New Insurance Services Professional Liability Facility

First Capital-AWIS, LLC. (First Capital) and Hudson Insurance Group have introduced a new insurance services professional liability primary and excess facility underwritten by Hudson and administered exclusively by First Capital. The Facility offers a wide range of insurance services classes, including retail and wholesale insurance agents and brokers, MGAs, MGUs, third party administrators, multiple employer trusts, captives, self-insured plans, risk retention groups, risk purchasing groups, regional insurance companies, claims adjusters, reinsurance intermediaries, insurance actuaries and risk management and loss control consultants. The Facility will be marketed through an exclusive network of wholesale producers appointed by First Capital offering capacity of $5,000,000 and the following standard and available optional features: Minimum Premium of $7,500 and Minimum Retention of $5,000; 50/50 Hammer Clause with options as low as 20/80; First Dollar Defense; 50% Retention Credit For Mediation (subject to $25,000 maximum credit); Duty to Defend, Claims-Made and Reported Coverage; Aggregate Retention Available; Breach of Privacy, Breach of Security, Intellectual Property Rights Infringement and Personal and Advertising Injury coverage; Prior Acts coverage available for accounts with prior and continuous coverage; 60 Days Automatic Extended Reporting Period; Disciplinary Proceedings Coverage; Loss of Earnings and Expense Reimbursement; Punitive Damages Coverage With "Most Favorable Venue Wording"; Independent Contractors Coverage; Automatic Subsidiary Coverage; Final Adjudication Wording for personal conduct exclusions; Payment of Claim Expenses for Injunctive Relief Claims; Mutual Selection of Defense Counsel; Extended reporting period up to five years; True Worldwide Coverage; Coverage for sale, servicing and advising of mutual funds.

Similar Private Companies By Industry

Company Name Region
American Enterprise Mutual Holding Company United States
Mid-America Agency Services, Inc. United States
Royal Insurance Company of America United States
Guaranty Insurance Services, Inc. United States
E*TRADE Insurance Services, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact First Capital-AWIS, LLC, please visit www.first-capital.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.