Company Profile

Penn-America Group® offers property and casualty products designed for small commercial businesses through a select network of wholesale general agents empowered with specific binding authority. Its insurance companies hold admitted licenses and surplus lines qualifications in all 50 states and D.C. and maintain A.M. Best "A" (Excellent) XI ratings.

Penn-America's insureds are small businesses that have limited access to larger standard lines insurers and must seek insurance in the “excess and surplus lines” market because of their rural locations, small premium size and non-standard risk characteristics. In this secondary market Penn-America is rewarded with higher prices than the standard lines segment, more flexibility in excluding coverage for specific loss exposures and lower premium taxes and state guaranty-fund assessments.

Penn-America distributes its products through a network of about 106 wholesale general agents who serve the needs of retail insurance brokers. The company has created "franchise value" with each general agent by providing a high level of service and support. In return, Penn-America expects to become the general agents' first-choice insurance carrier for the types of businesses it writes.

Penn-America was founded in 1975 and recently regionalized its operations to be closer to its agent partners by having offices in Atlanta, Los Angeles and the Philadelphia area.

Penn-America is a member of Global Indemnity plc. To learn more about Global Indemnity and its operating divisions, click here.