Western Insurance Holdings, Inc. Announces Formation of On Point Risk Solutions, Inc.

New Company Offers Diverse P&C Claims Administration and Surety Services

SAN DIEGO--(BUSINESS WIRE)-- Western Insurance Holdings, Inc., a property & casualty holding company, announces the formation of its newest company - On Point Risk Solutions, Inc. On Point Risk Solutions brings a wealth of expertise to the surety and construction, and property and casualty insurance industries. On Point Risk Solutions is backed by Western Insurance Holdings, Inc., the parent of ICW Group Insurance Companies, a leading group of property & casualty carriers.

“On Point Risk Solutions goes beyond traditional third party claims administrators,” stated Kevin Prior, president of Western Insurance Holdings. “This is a flexible and nimble operation that can handle virtually every aspect of a claim, from straightforward claims adjustment to full underwriting support and claims administration services.”

On Point Risk Solutions provides an array of property & casualty services to commercial property and liability insurance carriers, managing general agents, reinsurers and self insureds (including public entities). It can handle every aspect of a claim, from coverage review, investigation and settlement, litigation management, and subrogation. David Reilly, assistant vice president of On Point Risk Solutions, stated, “We have extensive experience handling the largest and most complicated property and liability claims, with a special emphasis on coverage. On Point Risk Solutions is well positioned to handle virtually any type of claims program.”

The surety and construction division has been set up to meet client needs in producing and servicing surety business. Sue Karlan, vice president of On Point Risk Solutions, confirmed, “We are a third-party claims administrator and so much more. Our entire On Point Risk Solutions staff has worked in-house for many sureties, both large and small. If companies need temporary staffing, we have experienced adjusters ready to fill in. If the needs of your company are more complex, On Point Risk Solutions has the resources to provide a complete claims handling program. We truly understand the subtleties of the business from the inside.”

Specific surety services include underwriting assistance, surety claims, staffing, start-up support, surety program run-off assistance, audits and due diligence reviews. Added Karlan, “We’ll be attending the Fidelity and Surety Law Committee 2012 Mid-Winter Program, sponsored by the American Bar Association in New York CityJanuary 24-27, as well as other trade group meetings that week. We look forward to showcasing ways On Point Risk Solutions can meet the unique and diverse needs of companies in today’s property and casualty and surety industries.”

About On Point Risk Solutions

On Point Risk Solutions, Inc. provides claims administration and underwriting support services to the Property and Casualty and Surety industries. Based in San Diego, On Point Risk Solutions helps clients develop end-to-end claims management solutions through a wealth of claims management expertise. By offering a full array of services, On Point Risk Solutions is able to meet the unique and diverse needs of its clients. More information is available at www.onpointrisk.com.

About Western Insurance Holdings

Privately held Western Insurance Holdings is a major property casualty holding company founded in 1974. Its diverse portfolio of companies includes: ICW Group Insurance Companies, a leading group of property and casualty insurance carriers; Risk Insurance Brokers of the West; and On Point Risk Solutions, Inc.

On Point Risk Solutions, Inc.Sue KarlanVP, Surety Division
858.350.7213
[email protected]
orDavid ReillyAVP, Property & Casualty Division
858.350.2464
[email protected]</a>