Which type of company writes only one kind of insurance?

A Mono-Line Company is specifically designed to write only one kind of insurance. This specialization allows them to focus on their chosen line of insurance, ensuring that they can develop expertise, tailor their products, and manage risks associated with that specific type of coverage effectively.

In contrast, a Multi-Line Company offers various types of insurance products, combining different lines under one roof. A Composite Company sells multiple insurance lines but often does so with a combination of both life and property/casualty products. A Hybrid Company typically refers to entities that combine features of multiple types of insurance or financial products, not limiting themselves to just one kind.

By concentrating on a single line, Mono-Line Companies can enhance their efficiency and customer service in that niche, making them an important part of the insurance landscape.