Design Highlights
- The sales territories realignment reflects McGowan’s strategy to redefine risk management in the amusement industry post-merger.
- Enhanced team capabilities allow for tailored insurance solutions that meet specific client demands more effectively.
- The company aims to lead the market by proactively engaging with clients rather than merely maintaining the status quo.
- Realignment enables McGowan to better address unique industry risks, including those faced by energy-intensive theme parks and special events.
- The focus on adaptability ensures the company can respond quickly to industry changes and emerging client needs.
When it comes to insurance in the amusement and entertainment world, McGowan Allied Specialty Insurance is not just another name in the hat; it’s the big top. Since its formation in 2020, following the merger of Allied Specialty Insurance and McGowan Amusement Group, this company has been shaking things up. And let’s be honest—when you’ve been in the game since 1983, you know a thing or two about protecting roller coasters and dodging lawsuits.
McGowan Allied isn’t just your run-of-the-mill insurance provider. Nope. They’re the leading underwriter for the amusement and entertainment industries. Think amusement parks, arcades, and carnivals. They’ve got it all covered.
And despite their serious business, they offer flexible, creative products that adapt faster than a clown can juggle. If there’s a risk involved, they’ve got a strategy to manage it. With over 40 years of risk management expertise, it’s safe to say they’ve seen their fair share of wild rides. Their commitment to providing best-in-class Risk Management services ensures that they can meet the unique needs of their clients.
Let’s explore their parent company, McGowan Companies. With roots dating back to 1836, this family-owned conglomerate has cranked out insurance and financial services for generations. They’re not just in the business of insuring; they’re in the business of relationships. With more than 60,000 appointed brokers, they know how to connect people with the coverage they need. That’s a big deal in this industry.
Now, why the bold realignment of sales territories? Well, it’s all part of an evolution. They’re not standing still, folks. They’re redefining what it means to manage risk in the amusement world. With their recent merger, they’re stronger than ever, boasting a team loaded with talent and experience. Their focus on amusement and entertainment insurance allows them to tailor their approach to meet the unique demands of their clients.
They’re not just here to maintain the status quo. They want to lead. This isn’t just about selling policies; it’s about understanding unique challenges, from energy-intensive theme parks to special events that require specialized insurance. For businesses facing catastrophic liability claims that could exceed their primary policy limits, umbrella insurance provides an essential safety net with coverage ranging from $1 million to $25 million.
McGowan Allied is positioning itself as a consultant, ready to tackle the issues head-on, not just in a boardroom but in the thrill of the industry itself.
