Xterminator Pro has become a division of K2 Insurance Services‘ subsidiary Aegis General Insurance Agency. According to a news release, this acquisition from Skyward Specialty Insurance still allows access to Skyward’s insurance carriers, policies, forms and endorsements for three years, and for all current lines of business. Xterminator Pro will continue to offer General Liability, Workers Compensation, Commercial Auto, Commercial Property, Excess, Island Marine, Crime and EPLI to pest management professionals and provide a single source of insurance coverages the brokers dedicated to serving them.
The entire Xterminator Pro underwriting and underwriting support teams are bringing their comprehensive knowledge of the coverages and exposures of the pest profession. Billy Craft moves from Skyward to Xterminator Pro as president of the division, which will remain based in Orlando, Fla. Craft served as VP of the Skyward X-Pro pest control division prior to the K2 acquisition, and has been with the carrier since 2010. He brings a lengthy tenure of agency, Managing General Agent (MGA) marketing and management experience, the majority of which is in the pest control space. He also has extensive experience in technology and communications sectors.
Allen Fugler maintains his role as director of risk management, working with insureds on regulatory compliance, employee training, file documentation and risk mitigation. His career in pest management began in 1991, and includes stints in pest control industry association management and with insurance programs dedicated to pest management professionals. He is a credential pest professional who also holds certification from the U.S. Occupational Safety and Health Administration.
Aegis General Insurance Agency is a subsidiary of San Diego, Calif.-based K2 Insurance Services. K2 has several specialty program administrators and MGAs that underwrite and distribute property/casualty insurance products on behalf of a select group of quality balance sheet partners. In aggregate, K2’s subsidiary companies currently write more than $1 billion of specialty insurance premiums.