American Equine Insurance Group Named Automation Champion of the Year at Excellence in Insurance, Sponsored by Insurity

November 25, 2024 at 10:00 AM EST

Insurity recognized American Equine Insurance Group for success in implementing automation solutions to streamline processes, reduce manual work, and enhance operational efficiency

Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, today announced that American Equine Insurance Group (AEIG) has been named the Automation Champion of the Year at this year’s Excellence in Insurance conference. The event, held in Amelia Island, FL, celebrates the exceptional achievements of P&C organizations across categories such as claims, automation, data and analytics, digital experience, and other key areas of industry innovation and service.

Founded as the first admitted equine insurance program in the U.S., AEIG has proven to be a leading U.S. equine insurance market for over four decades. Over the past three and a half years, AEIG experienced more than 50% growth, presenting challenges common to rapidly scaling organizations. With increasing transaction volumes, AEIG recognized the need to explore automation as a solution to manage growth efficiently without sacrificing service quality.

Working closely with Insurity’s MGA platform, AEIG conducted a comprehensive evaluation of their workflows. By leveraging the platform’s Automated Assistant feature, the company redefined processes across all lines of business, automating policy issuance from acceptance to document delivery. The phased implementation allowed AEIG to refine workflows and resolve potential complications, ultimately achieving 98% automation in policy issuance across all departments.

“Automation has been a game changer for our growth and efficiency, and we’re honored Insurity recognized us with this award,” said Kari Chrysty, Chief Financial Officer at AEIG. “With Insurity, we’ve transformed how we operate, streamlining workflows and ensuring each department functions smoothly. This has enabled us to write 50% more volume at the same cost, while maintaining high employee morale and delivering exceptional service to our customers.”

“AEIG exemplifies the power of automation to drive operational excellence,” said Chris Lafond, Chief Executive Officer at Insurity. “Their innovative use of Insurity’s automation capabilities demonstrates how automation can not only save costs but also create opportunities for growth and innovation. We’re proud to support AEIG in their journey and thrilled to see their success recognized as Automation Champion of the Year.”

For more information about the Excellence in Insurance awards, please contact Elizabeth.Hutchinson@insurity.com.

About Insurity

Insurity is a leading provider of cloud-based software for insurance carriers, brokers, and MGAs. Insurity is trusted by 22 of the top 25 P&C carriers and 7 of the top 10 MGAs in the US and has over 400 cloud-based deployments. Through its best-in-class digital platform, unrivaled industry experience, and the industry's most robust analytics offerings, Insurity is uniquely positioned to deliver exceptional value, empowering customers to focus on their core businesses, optimize their operations, and provide superior policyholder experiences. Insurity is a portfolio company of GI Partners and TA Associates. For more information, visit www.insurity.com.

About American Equine Insurance Group

For over four decades AEIG has remained a dynamic presence offering a broad line of equine insurance products. We work only with “A” rated insurance carriers, and we are one of the country’s largest providers of coverage for show and pleasure horses, horse farms, equestrian professionals, clubs and shows. Of all the insurance providers in the United States, AEIG is the only one devoted exclusively to equine exposures. AEIG has a steadfast commitment to giving you the best combination of coverage and rates available.