Eagle Underwriting Group Inc.

Eagle Underwriting Group Inc. is an insurance provider specializing in tailored solutions for transportation, trade, and movable property sectors, addressing the unique risks associated with various modes of transport. Founded in 1995 and headquartered in Brampton, Canada, Eagle Underwriting Group Inc. focuses on delivering specialized insurance products.

The company was acquired by GroupAssur Inc. in October 2021, which marked a strategic pivot towards enhancing service offerings and expanding its market presence. Eagle Underwriting Group Inc. specializes in providing comprehensive insurance solutions tailored to the transportation, trade, and moveable property sectors.

The company’s core product offerings include various coverages such as marine, aviation, political risk, war and terrorism, mobile equipment, and fine arts & specie insurance. These products are designed to address the unique risks associated with the movement of goods and people across multiple modes of transport including land, sea, and air. Eagle Underwriting serves a diverse clientele that includes small to medium-sized enterprises as well as larger corporations involved in international trade and logistics. The company operates primarily in North America and extends its services to global markets, catering to clients who require specialized insurance products to mitigate complex risks associated with their operations.

Eagle Underwriting Group Inc. generates revenue through the sale of its diverse insurance products, structured primarily as B2B transactions with other businesses requiring coverage for their operational risks. Clients engage with the company to obtain tailored insurance policies, which are often bundled into comprehensive portfolios to address multiple risk exposures. The company’s flagship offerings, branded under the trademark "We Insure Things That Move.

™", provide specialized coverage options for various sectors, including marine and aviation. Transactions typically involve clients purchasing insurance policies based on specific needs, and annual premiums are calculated depending on the extent of coverage and associated risks. The revenue model is predicated on the successful identification and coverage of risks, ensuring that clients have the necessary protection for their assets and operations. The acquisition by GroupAssur Inc.

in October 2021 is set to support international growth and enhance Eagle Underwriting's service offerings. The company plans to introduce new insurance products and strengthen its presence in the Canadian market. Specific details regarding the launch timelines or additional markets targeted for expansion have not been disclosed, but the focus on broadening its portfolio indicates a commitment to meeting evolving client needs.