FORT WAYNE, Ind. — Sport Insurance Specialists (SIS) announced its official designation as a Managing General Agency, securing full underwriting and binding authority for its suite of insurance products.
This milestone elevates the company’s role in delivering tailored coverage solutions for the motorsports industry directly to race tracks and racing facilities, promoters, managing partners, and sanctioning bodies, as well as racing teams and drivers.
By attaining MGA status, SIS now offers faster, more flexible, and highly customized insurance programs.
The company gains the ability to assess risks directly, to issue policies on demand, to adapt coverage to the unique challenges faced by motorsports venues and participants, and to provide venues and key personnel with direct access to essential insurance solutions.
“This achievement represents a significant step forward, not just for our business, but for the entire motorsports community we serve,” said Jeff Ladd, president of Sport Insurance Specialists. “With full underwriting authority, we can provide quicker turnaround times, more competitive solutions, and specialized coverage that better reflects the realities of racing and event management.”
For motorsports stakeholders, the benefits of SIS’ new MGA status include:
Motorsports Venues: Streamlined coverage placement, faster policy issuance, and risk management programs designed specifically for track operations.
Managing Partners & Promoters: Greater flexibility in event-specific coverage and liability protection, reducing administrative delays.
Drivers & Crews: Tailored personal accident and liability programs built with the unique demands of racing professionals in mind.
Industry-Wide Impact: More direct communication, faster claims handling, and enhanced expertise from a partner with deep motorsports knowledge.
SIS has long been recognized as a trusted insurance provider in the motorsports arena. With MGA authority, the company strengthens its commitment to advancing safety, security, and sustainability across the sport.
