Rick Lindsey has built Prime Insurance Company using a robust approach to underwriting and claims management, as he explains to Intelligent Insurer.
While the re/insurance industry is in a period of significant challenges, Prime Insurance Company has held fast, providing a stable market for extraordinary risk and earning an A Excellent rating from AM Best.
In the past two decades the company has grown from humble beginnings to be a business with four offices and 182 employees, operating in all 50 US states. A long-time coverholder with Lloyd’s of London, it is now considering establishing a Lloyd’s syndicate.
A key differentiator for Prime has been the decisive leadership of chief executive officer Rick J Lindsey, who has never been afraid to plough his own furrow in the face of practices that he feels are weakening the industry and creating unhappy customers.
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