A W.R. Berkley unit expanded its product offerings to include a primary private company management liability policy. AmWINS Group Inc. and Alliant Insurance Services are partnering to service the needs of waste clients nationally. USAA is linking up with Roost’s home telematics program for property insurance carriers.
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Berkley Professional Liability has expanded its product offerings to include a primary private company management liability policy.
This comprehensive package policy offers coverage designed to address growing exposures facing private companies. Management teams can select one or more of the following coverage parts on a shared or separate limits basis: directors, officers and entity liability; employment practices liability; fiduciary liability; and crime (soon to be released).
Berkley Professional Liability’s new primary management liability product is currently admitted in 38 states and the District of Columbia and is expected to be admitted nationwide in 2019.
Berkley Professional Liability was founded in 2008 as a member company of W.R. Berkley Corp. Berkley Professional Liability provides customized coverage products and claims servicing.
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AmWINS Group Inc., a global distributor of specialty insurance products and services, has partnered with Alliant Insurance Services to service the needs of waste clients nationally.
Effective April 1, Alliant’s WasteAssure clients will have access to coverage through AmWINS Program Underwriters (APU) WasteHaulers program. The program through APU, a managing general agency within AmWINS’ Underwriting division, offers comprehensive coverages for a variety of clients engaged in the disposal, transport, storage and treatment of nonhazardous waste, ranging from landfills and recycling operations to sanitation contractors and medical waste treatment facilities.
APU’s WasteHaulers program is available in 46 states and is written on an admitted basis by an A+XV rated A.M. Best Company.
AmWINS Group Inc. is an independent wholesale distributor of specialty insurance products serving retail insurance brokers by providing property and casualty products, specialty group benefit products and administrative services. It is based in Charlotte, N.C.
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USAA is linking up with Roost’s home telematics program for property insurance carriers. Provided in partnership with Willis Towers Watson, the home telematics program uses advanced analytics to reveal meaningful insights regarding the effect of home telematics on loss mitigation and member engagement.
Roel Peeters, Roost’s CEO, said the home telematics program offers an industry group of between five to 10 carriers an “accelerated way to gain improved insight into home telematics and the related data.”
The program helps carriers learn best practices for policyholder outreach and deployment of smart home devices, which are low-cost, easy to install and work with existing Wi-Fi, Peeters said in prepared remarks.
USAA will offer select members a kit made up of the Roost Smart Sensors to be installed at home, which alert homeowners via the Roost mobile app about water or fire damage. Additionally, USAA members can use the Roost mobile app to manage the smart sensors.
Sources: W.R. Berkley, AmWINS/Alliant and USAA/Roost