AmRisc
AmRisc is a US-based insurance managing general agent (MGA) group that underwrites catastrophe-exposed and complex property risks in the Excess and Surplus lines market, distributing capacity through wholesale, retail, digital, and reciprocal channels to insurance producers and carrier partners.
- Company typePrivate
- Founded2000
- HeadquartersMorehead City, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What AmRisc does
AmRisc is a US-based insurance underwriting managing general agent (MGA) group founded in 2000 and headquartered in Morehead City, North Carolina. The firm specializes in catastrophe-exposed and complex property risks within the Excess and Surplus (E&S) lines market, a segment where standard-market carriers typically will not provide coverage and where underwriting judgment is the primary binding constraint on capacity. AmRisc operates a four-channel distribution network — AmRisc Online (digital self-serve), Waypoint Wholesale, Chronos Retail, and Calais Reciprocal (reciprocal exchange) — that delivers underwriting capacity to producers across wholesale, retail, direct-digital, and reciprocal structures.
The company's product surface is built around underwriting management rather than direct insurance issuance: it prices, binds, and services E&S property risks on behalf of carrier partners, with one disclosed carrier participation (American Coastal Insurance Corporation) assuming $6.2 million of E&S business through the AmRisc portfolio and targeting $50–80 million of written premiums for 2026. The technology stack is being modernized through a strategic partnership with Kalepa announced in October 2025, which deploys AI-powered natural language processing for document processing and decision-making in underwriting workflows; this is an integrated rather than in-house AI capability.
AmRisc's revenue mechanics are characteristic of E&S MGAs: the firm earns underwriting commissions, policy fees, and managing agency fees on premiums placed across its distribution channels. Pricing is quote-based and individually negotiated per risk, with no publicly disclosed rate cards or pricing tiers. The company employs 101–250 people, maintains an active corporate presence (LinkedIn, Facebook, email newsletter, published Annual Report), and operates exclusively within the United States with no disclosed international footprint.
AmRisc firmographics
Firmographics- Name
- AmRisc
- Legal name
- AmRisc LP
- Website
- https://amrisc.com
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- AmRisc is a US-based insurance managing general agent (MGA) group that underwrites catastrophe-exposed and complex property risks in the Excess and Surplus lines market, distributing capacity through wholesale, retail, digital, and reciprocal channels to insurance producers and carrier partners.
- Ownership category
- akta.pro rank
AmRisc industry classification
Industry- Product category
- Specialty Property Insurance Underwriting (E&S)
- NAICS
- Insurance Agencies and Brokerages (524210)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Insurance Program Administration & MGA/MGU Services (FSAEADAK)
- akta.pro secondary industry
- Large Commercial Package (National Accounts) (FSAJAFAC)
Keywords
Where AmRisc is headquartered
LocationHeadquarters
- HQ city
- Morehead City
- HQ country
- United States
- HQ region
- North America
Markets served
AmRisc business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Distribution channels4 records
Marketing channels3 records
AmRisc product offering
Product offeringCore offering
AmRisc is a managing general agent (MGA) that underwrites and distributes insurance for catastrophe and complex property exposures within the Excess and Surplus (E&S) market. The firm operates four distribution channels — AmRisc Online (digital), Calais Reciprocal (reciprocal exchange), Waypoint Wholesale (wholesale), and Chronos Retail (retail) — to deliver specialty property coverage on behalf of carrier partners.
Product overview
AmRisc is an insurance underwriting and managing general agent (MGA) group operating a multi-channel distribution network. The company provides its insurance products through four primary distribution platforms: AmRisc Online (digital/online distribution), Calais Reciprocal (reciprocal arrangements), Waypoint Wholesale (wholesale broker access), and Chronos Retail (retail distribution). The company also participates in the Excess and Surplus (E&S) market, with a target of $50-80 million in written premiums for 2026. AmRisc leverages AI-powered document processing through a partnership with Kalepa to enhance underwriting operations.
Differentiator
Problem solved
Functional benefit
Products and services
- AmRisc Online Digital underwriting and distribution channel for E&S catastrophe and complex property insurance, enabling direct online placement of specialty property risks for qualifying buyers.
- Calais Reciprocal Reciprocal insurance exchange arrangement managed by AmRisc, providing an alternative distribution structure for placing E&S catastrophe and complex property coverage among participating members.
- Waypoint Wholesale Wholesale distribution channel that delivers AmRisc's specialty E&S catastrophe and complex property underwriting capacity to wholesale broker partners.
- Chronos Retail Retail distribution channel that places AmRisc's E&S catastrophe and complex property coverage through retail agents serving commercial insureds.
Quantifiable outcome
- AI-powered document processing and decision-making efficiency improvements in underwriting operations
Companies that use AmRisc
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles2 records
AmRisc technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature1 record
AmRisc partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- KalepacoreKalepa and AmRisc have announced a partnership to improve underwriting operations in the US insurance market. The collaboration aims to enhance document processing and decision-making efficiency using AI, focusing on operational impact and accuracy. This strategic technology partnership leverages Kalepa's AI capabilities to transform AmRisc's underwriting workflows.
Scale indicators2 records
Recent moves5 records
Expansion highlights5 records
AmRisc competitors and assessment
Company assessmentDirect peers
- Burns & Wilcox: Burns & Wilcox is a major wholesale brokerage and MGA focused on specialty and surplus lines, including complex property placements. Comparable to AmRisc in serving retail agents with E&S underwriting expertise and catastrophe property specialization.
- Amwins: Amwins is one of the largest US specialty wholesale distributors and MGAs, with significant E&S property and excess casualty capacity. Directly comparable to AmRisc as a multi-channel specialty distributor underwriting complex property and catastrophe risks.
- RPS (Risk Placement Services): RPS is a leading wholesale broker and MGA platform with deep E&S property and specialty capabilities, distributing through retail agents nationwide. Directly comparable to AmRisc's Waypoint Wholesale and broader MGA model for complex and catastrophe-exposed risks.
- CRC Group: CRC Group is a large specialty wholesale broker placing E&S property and casualty business through retail agents. Comparable to AmRisc's wholesale distribution arm in product mix, target customer, and channel model.
Broad incumbents
- Everest Insurance: Everest Insurance is a major global specialty insurer writing significant E&S property and casualty business. Comparable to AmRisc as a broad incumbent competitor and capacity provider in the US specialty property market.
- Tokio Marine HCC: Tokio Marine HCC is a large specialty insurance group with extensive E&S and MGA partnerships. Comparable to AmRisc as a broad incumbent providing capacity and underwriting infrastructure to specialty MGAs and brokers in catastrophe and complex property.
- Markel Corporation: Markel is a specialty insurer with significant E&S and MGA-linked operations across multiple lines. Comparable to AmRisc as a broader incumbent in specialty underwriting that competes for complex property and catastrophe risks at greater scale.
Emerging players
- Palomar Holdings: Palomar is a specialty insurer focused on earthquake and catastrophe-exposed property risks, often distributed through wholesale and MGA channels. Comparable to AmRisc in specialty catastrophe property underwriting, though Palomar carries balance-sheet risk while AmRisc is an MGA.
- Skycover Insurance: Skycover is an emerging E&S MGA focusing on commercial property and complex risks with digital distribution. Comparable to AmRisc as a specialty property MGA, with overlapping appetite for catastrophe-exposed and non-standard risks.
Others
- Kalepa: Kalepa is the AI underwriting operations platform that AmRisc announced a partnership with in October 2025. Included as an ecosystem enabler rather than a competitor — its technology directly powers AmRisc's AI-driven underwriting workflow.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks3 records
Key highlights6 records
Customer concentration
AmRisc social profiles
Digital presenceAmRisc financial estimates
Financial estimateRevenue estimate
Valuation estimate
AmRisc leadership team
Management profileNumber of profiles
Profiles1 record
AmRisc funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AmRisc M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AmRisc
What does AmRisc do?
AmRisc is a managing general agent (MGA) that underwrites and distributes insurance for catastrophe and complex property exposures within the Excess and Surplus (E&S) market. The firm operates four distribution channels — AmRisc Online (digital), Calais Reciprocal (reciprocal exchange), Waypoint Wholesale (wholesale), and Chronos Retail (retail) — to deliver specialty property coverage on behalf of carrier partners.
When was AmRisc founded?
AmRisc was founded in 2000. It employs 101 to 250 people.
Where is AmRisc based?
AmRisc is headquartered in Morehead City, United States, in the North America region.
Who are AmRisc's main competitors?
Direct peers on record are Burns & Wilcox, Amwins, RPS (Risk Placement Services) and CRC Group. Broad incumbents are Everest Insurance, Tokio Marine HCC and Markel Corporation. Emerging players are Palomar Holdings and Skycover Insurance. Kalepa is listed as an others.
Does AmRisc have an API?
No public API is recorded for AmRisc.
What industry is AmRisc in?
AmRisc's product category is Specialty Property Insurance Underwriting (E&S). Its primary akta.pro industry code is FSAEADAK, Insurance Program Administration & MGA/MGU Services, with a secondary code of FSAJAFAC, Large Commercial Package (National Accounts). Its NAICS code is 524210 and its SIC code is 6411.