Headquartered in Melville, New York, AutoOne Insurance was formed in 2001 to provide limited assignment distribution (LAD) service to New York's automobile insurance companies. Since its inception, AutoOne, a division of the OneBeacon Insurance Group, has grown rapidly and currently provides a broad spectrum of automobile insurance products from Assigned Risk to voluntary automobile offerings, including private passenger, physical damage and unique take-out policies that help to depopulate the New York Assigned Risk Plan pool.

The Assigned Risk business is a difficult and unique segment of the overall auto insurance industry.  Insurance companies are "assigned" a certain percentage of the assigned risk business through their state's auto insurance plan (AIP). Because this type of insurance may not be their core business, they can opt to transfer that business to a LAD servicing carrier for a fee.  Managing the LAD business can be as complex as the business itself.

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