RISK MANAGEMENT

JENCAP GROUP ACQUIRES INTERNATIONAL ASSURANCE OF TENNESSEE, Expands Medical Stop-Loss Capabilities

Jencap Group LLC | January 04, 2022

policy News
Jencap Group LLC (Jencap) has agreed to acquire International Assurance of Tennessee (IAT), a Managing General Underwriter (MGU) specializing in Employer and Medical Stop Loss Insurance. IAT will operate under the auspices of the Jencap Program Administrators LLC division.

“The rapidly changing landscape of the insurance industry demands precision and expertise. When you integrate IAT’s niche specialization and proven success into Jencap’s established Stop Loss book of business, we will better serve the growing market demand for Stop Loss Insurance by providing additional resources and an expanded geographic footprint to our agency partners.”

- John Jennings, Chief Executive Officer of Jencap

IAT is one of the longest standing MGU’s in the business, with its principal office located in Franklin.

“For nearly 40 years, our team at IAT has exceeded our agency partners’ expectations by staying true to our product, providing unparalleled service, and remaining consistent in our approach. Partnering with Jencap will offer amplified growth and expansion for IAT and allow us to capitalize on new Stop Loss opportunities in the marketplace.”

- TN. Bob Baisden, President and Founder of IAT

About International Assurance of Tennessee
Founded in 1984, International Assurance of Tennessee is one of the oldest Managing General Underwriters in the business. They write Employer Stop Loss and Medical Stop Loss Insurance for prisons and jails.

About Jencap Group
Jencap is one of the largest wholesalers in the U.S. with notable industry-leading expertise in wholesale brokerage, binding authority, and program management. Its specialized divisions and affiliate organizations provide niche underwriting prowess, broad market access, and nationwide influence. Headquartered in New York, Jencap leverages its collective power to exceed the expectations of more than 17,000 independent agency partners.

Spotlight

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Spotlight

Commercial property and casualty carriers face complexities that have historically challenged automation. While line-of-business software effectively automates many aspects of commercial insurance management, a significant amount of critical information needed for decision-making is only available on paper or in other systems. Integrating the right enterprise content management (ECM) solution into your commercial insurance automation strategy will ensure that the right information is delivered when, where and how it’s needed.

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CoreLogic | August 05, 2021

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INSURANCE TECHNOLOGY

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Innoveo | February 11, 2022

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