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ISC Launches General Liability Program for Gig Economy Contractors

ISC Launches General Liability Program for Gig Economy Contractors
May 19, 2021
Integrated Specialty Coverages (ISC), a multi-line program administrator that builds end-to-end insurance products with artificial intelligence (AI) engineering and data analytics, has launched a new general liability policy program for gig economy contractors.
The program provides contractors “by the job” flexibility, offering customizable coverage options and competitive rates. The program is offered through ISC’s AI-enabled platform, and underwritten by Markel Specialty, a division of Markel Corp.
The program is available to 30 different construction trades for a variety of classes beyond the typical handyman job, including but not limited to carpentry, electrical, painting, concrete, and janitorial work. Options include liability limits up to $1 million for one to 121 days and are geared specifically to the “gig economy” worker or the � ....

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Integrated Specialty Coverages Launches Vacant Property Program

Integrated Specialty Coverages Launches Vacant Property Program
April 27, 2021
Integrated Specialty Coverages (ISC), a multi-line program administrator that builds end-to-end insurance products with artificial intelligence (AI) engineering and data analytics, has launched its Vacant Property Program (VPP), designed to address the increasing number of vacant residential and commercial properties across the U.S.
The new VPP program targets both properties and vacant land, including residential and commercial buildings, as well as buildings under renovation. It will be led by Gareth Jelley, senior vice president of the Property Division at ISC, and is backed by an “A” rated, non-admitted carrier that can write property and liability policies over alternate periods, including three-, six- and twelve-month terms. ....

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Investment Firm KKR Acquiring California's Integrated Specialty Coverages

Investment Firm KKR Acquiring California’s Integrated Specialty Coverages
March 8, 2021
Global investment firm KKR is acquiring a majority interest in Integrated Specialty Coverages (ISC) Carlsbad, Calif.-based multi-line insurance distributor that utilizes advanced artificial intelligence (AI) engineering and data analytics to build its products.
Sightway Capital, a Two Sigma private equity business that partnered with ISC beginning in 2018, is selling its majority position and will continue to hold a stake in the ISC as a minority shareholder.
Financial terms of the transaction were not disclosed.
Founded in 2017 by insurance veteran Matt Grossberg, ISC connects a network of insurance markets and retail/wholesale distribution channels through the use of AI, proprietary technology and data analytics to deliver customized insurance programs for agents, brokers, carriers and reinsurers. ISC currently writes approximately $30 ....

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ISC Acquires California Contractors Insurance Services

ISC Acquires California Contractors Insurance Services
January 14, 2021
Terms of the deal were not disclosed.
Sacramento, Calif.-based CCIS has a network of over 70,000 licensed contractors to obtain license bonds, general liability, workers’ compensation, contract bonds and permit bonds.
CCIS marks ISC’s fifth acquisition since its founding in 2016. ISC is a multi-line program administrator. ....

United States , California Contractors Insurance Services Inc , Integrated Specialty Coverages , California Contractors Insurance Services , ஒன்றுபட்டது மாநிலங்களில் , கலிஃபோர்னியா ஒப்பந்தக்காரர்கள் காப்பீடு சேவைகள் இன்க் , ஒருங்கிணைந்த சிறப்பு ஒப்பந்தங்கள் , கலிஃபோர்னியா ஒப்பந்தக்காரர்கள் காப்பீடு சேவைகள் ,

Integrated Specialty Coverages (ISC) Acquires California Contractors Insurance Services (CCIS)

Integrated Specialty Coverages (ISC) Acquires California Contractors Insurance Services (CCIS)
Acquisition of CCIS will expand ISC s licensed bond and general liability services within California and across the U.S.
Transaction marks latest acquisition for Growing Insuretech Company
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NEW YORK and SACRAMENTO, Calif., Jan. 14, 2021 /PRNewswire/
Integrated Specialty Coverages ( ISC or The Company ), a world-class Program Administrator that builds end-to-end insurance products utilizing artificial intelligence (AI) technology and analytics, today announced the purchase of California Contractors Insurance Services, Inc. ( CCIS ), a licensed construction bond and insurance agency. Terms of the transaction were not disclosed.
Headquartered in Sacramento, CA, CCIS leverages its network of over 70,000 licensed contractors to obtain license bonds, general liability, workers compensation, contract bonds, and permit bonds ....

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