KNIGHT INSURANCE GROUP

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The Hankey Group
Total Assets: $ 4.9 Billion
Total Revenues: $ 1.4 Billion

Knight Insurance Group, a provider of capital support and underwriting capability for niche insurance program business. The Knight Insurance Group focuses upon well-managed niche program business on an admitted and non-admitted basis. Knight is part of the $4 Billion, privately held Hankey Group of Companies, a Los Angeles-based financial services group. Its insurance companies include, Knight Re, Knight Specialty Insurance Company and KnightBrook Insurance Company.

Knight Insurance Group focus on well-conceived and well-managed niche programs having an 88% or better combined ratio, in the areas of commercial auto, general liability, financial guaranty, and other specialty areas. We accommodate workers compensation or catastrophic risks only in exceptional circumstances.

Knight Insurance Group currently supports multiple programs underwritten by various Managing General Agents and program administrators in varying capacities. New program opportunities must clear an internal minimum return on investment threshold of 30% equating to an 88% combined ratio. During a qualitative review knight will develop a general understanding of the product, define an acceptable program structure and ensure technological capabilities.

If a program opportunity passes the qualitative stage Knight will proceed to form development, rate making, State filings and underwriting guidelines.

Program Managers will take a functional role in the daily operations of an active program overseeing accounting, claims administration and performance analysis.

GROUP FINANCIAL OVERVIEW

Current Programs

Commercial Package Products

Hospitality and Leisure Program

Hospitality and Leisure Program

Package policy for hotel/motel, golf courses and country clubs.

West Coast Habitational

West Coast Habitational

Package policy for apartment buildings, condominiums and commercial buildings

Contractors Program

Contractors Program

Liability, property and completed operations for new commercial and residential construction, wraps and course of construction

Franchised Quick Serve Restaurants

Franchised Quick Serve Restaurants

Package policy for franchisee owned quick service and casual dining restaurants.

Medicinal & Recreational Cannabis

Medicinal & Recreational Cannabis

Products liability for cultivators, manufactures and retailers of medicinal and recreational cannabis

Garage Program

Garage Program

Package policy for automotive services, automotive repair and towing operations.

Artisan Contractors

Artisan Contractors

Package policy for carpenters, plumbers, electricians and HVHC
Automotive Coverage

Trucking & Transportation

Trucking & Transportation

Long haul and intermodal transportation of general commodities and containerized freight.

Non Standard Auto

Non Standard Auto

Comprehensive, collision and physical damage non standard auto in CA, TX and GA

North Carolina Reinsurance Facility

North Carolina Reinsurance Facility

Reinsurance facility for difficult to place commercial auto risks
Automotive Dealership Products

Non-Franchised Auto Dealerships

Non-Franchised Auto Dealerships

Liability and property coverage for Texas non-franchised used auto dealers

Guaranteed Asset Protection

Guaranteed Asset Protection

Lender protection covering a loan balance deficiency should the consumer’s vehicle sustain a total loss

Auto Dealers Contingent Liability

Auto Dealers Contingent Liability

Short term material damage coverage satisfying financial responsibility requirements
Automotive Rental Products

Fleet Liability

Fleet Liability

Commercial auto liability for rental car fleets

Collision Damage Waiver

Collision Damage Waiver

Physical damage coverage for rental customers

Rental Liability Protection

Rental Liability Protection

State minimum liability insurance for rental customers

Personal Effects Coverage

Personal Effects Coverage

Personal property protection for rental customers

Supplemental Liability Insurance

Supplemental Liability Insurance

Excess liability insurance for rental customers

Personal Accident Protection

Personal Accident Protection

Medical expense reimbursement and death benefits for rental customers
Management Liability & Financial Products

Agents Errors & Omissions

Agents Errors & Omissions

Errors & omissions protection for licensed insurance agents

Collateral Protection

Collateral Protection

Insures property held as collateral for loans made by lending institutions

Mortality Protection

Mortality Protection

Protecting anticipated cash flow of structured life settlement portfolios

Appraisers Errors & Omissions

Appraisers Errors & Omissions

Errors & omissions protection for entities that provide appraisal reports.

Equity Protection

Equity Protection

Borrower default insurance enabling lenders to offer home equity loans up to 100% loan-to-value

Mortgage Service Provider E&O

Mortgage Service Provider E&O

Errors & omissions protection for mortgage processors

Surety Bonds

Surety Bonds

Contract bid and performance bonds, Non-contract License, Permit, Code Compliance, and Court Bonds.