Passion for Tailormade Underwriting
AMANIKI GmbH (AMANIKI) is a newly formed Managing General Agent (MGA) and one of the first standalone German MGAs in the M & A insurance market. AMANIKI brings together experienced underwriters with a passion for tailored M & A insurance solutions. Office locations include both Frankfurt and London from where AMANIKI serves clients across Europe. AMANIKI has a broad appetite not only in terms of jurisdiction but also industry and risk type reflecting the team’s composition, language abilities, and experience.
AMANIKI offers a traditional suite of M & A related insurance products including:
■ Warranty & Indemnity insurance
■ Contingent Tax (Tax Liability) insurance
■ Contingent Other (Special Risk) insurance
An MGA acts as an intermediary between the insurer and the broker. The MGA, therefore, performs many of the functions normally undertaken by the capacity providers. The MGA acts as their underwriting agent under a binding authority agreement (the “agency agreement").
The agency agreement authorizes AMANIKI to underwrite certain risks and to issue the policy on behalf of the insurer.
We work closely with our capacity providers in all areas. Claims are handled by AMANIKI’s capacity providers who have significant claims handling experience. However, the claims handling process is coordinated by AMANIKI, reflecting our business philosophy that the policyholder should experience a consistent level of service throughout the policy’s lifecycle.