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Lumen Risk Services, Transverse to Offer Commercial Property Coverage

Lumen Risk Services, Transverse to Offer Commercial Property Coverage
May 21, 2021
Program administrator Lumen Risk Services, in partnership with Transverse Insurance Group, has launched a new commercial property insurance program.
The non-admitted program will initially offer monoline property coverage for multi-family, hospitality, and light commercial property accounts with plans to expand into other lines of coverage. The coverage will be available through Lumen’s new digital platform, KURRENT, designed for the commercial insurance space.
The KURRENT program administration system gives producers access to a portal that accepts submissions, facilitates underwriter communications, centralizes policy document delivery, automates endorsement requests, and provides access to in-force accounts and renewals. It will also deliver real-time analytics on the producer’s book of business at Lumen through a producer dashboard. ....

New Jersey , United States , Topicscommercial Linesbusiness Insuranceproperty , Erik Matson , Dave Paulsson , Lumen Risk Services , Transverse Insurance Group , Virgo Investment Group , Insurance Group , Commercial Linesbusiness , புதியது ஜெர்சி , ஒன்றுபட்டது மாநிலங்களில் , ஏறிக் மேட்சன் , குறுக்கு காப்பீடு குழு , கன்னி முதலீடு குழு , காப்பீடு குழு ,

Lumen Risk Services and Transverse Insurance Group Announce the Formation of a New Partnership to Write Commercial Property Insurance for Real Estate Accounts

Lumen Risk Services and Transverse Insurance Group Announce the Formation of a New Partnership to Write Commercial Property Insurance for Real Estate Accounts
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PRINCETON, N.J., May 12, 2021 /PRNewswire/ Lumen Risk Services, in partnership with Transverse Insurance Group, announces the launch of its new Commercial Property Insurance Program. The non-admitted program will initially offer monoline property coverage for multi-family, hospitality, and light commercial property accounts with future plans to expand into other lines of coverage.
Lumen is also excited to announce the launch of KURRENT its new digital platform that brings state-of-the-art technology to the commercial insurance space. The full-scale program administration system was built from the ground up and creates a digital experience unlike any other in commercial lines. KURRENT gives producers access to a portal that accepts submissi ....

Scott Whitaker , Erik Matson , Lumen Risk Services , Transverse Insurance Group , Property Insurance Program , Commercial Property Insurance , Transverse Insurance , Chief Executive Officer , ஸ்காட் வைட்டேக்கர் , ஏறிக் மேட்சன் , குறுக்கு காப்பீடு குழு , வணிகரீதியானது ப்ராபர்டீ காப்பீடு , குறுக்கு காப்பீடு , தலைமை நிர்வாகி அதிகாரி ,

Neptune, Transverse to Expand Flood Offering with $30M Premium Capacity Program

Neptune, Transverse to Expand Flood Offering with $30M Premium Capacity Program
April 30, 2021
Neptune Flood, an AI-driven flood insurance provider, has expanded its capacity through a new program sponsored by Transverse Insurance Group and backed by a panel of global reinsurers, which was placed through Acrisure Re (formerly Beach & Associates). Neptune policies placed with the program will carry the Transverse AM Best A- (Excellent) rating.
Neptune will use the $30 million premium capacity program to meet demand for its flood insurance alternative to the government backed NFIP program. The program will look to protect approximately $10 billion in home and business value from the catastrophic risk of flooding. ....

New York , United States , New Jersey , City Of , United Kingdom , Noord Holland , Transverse Insurance Group , Virgo Investment Group , Beach Associates , Neptune Flood , Insurance Group , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , புதியது ஜெர்சி , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , நூற்த் ஹாலண்ட் , குறுக்கு காப்பீடு குழு , கன்னி முதலீடு குழு , கடற்கரை கூட்டாளிகள் , நெப்டியூன் வெள்ளம் , காப்பீடு குழு ,

Neptune secures Transverse capacity for alt flood programme

Neptune secures Transverse capacity for alt flood programme
28-04-2021
19-04-2021
Neptune Flood, the AI-driven flood insurance provider, has unveiled its latest capacity programme, sponsored by Transverse Insurance Group and backed by a panel of global reinsurers.
The $30 million premium capacity programme allows Neptune to meet growing demand for its flood insurance alternative to the government backed NFIP programme. It was placed through Acrisure Re, the carrier formerly Beach & Associates. Neptune policies placed with the programme will carry Transverse’s A- rating from AM Best.
The programme will look to protect approximately $10 billion in home and business value from the catastrophic risk of flooding. Hurricane season begins on May 15, with the record number of storms recorded in 2020 putting the market on high alert. ....

Erik Matson , Trevor Burgess , Transverse Insurance Group , Beach Associates , Neptune Flood , Blood Programme , Artificial Intelligence , Trevor Burgess , North America , ஏறிக் மேட்சன் , ட்ரெவர் பர்கஸ் , குறுக்கு காப்பீடு குழு , கடற்கரை கூட்டாளிகள் , நெப்டியூன் வெள்ளம் ,

Neptune and Transverse Launch New $30 Million Premium Capacity Program to Expand Flood Insurance Availability Nationwide

/PRNewswire/ Neptune Flood, the first AI-driven flood insurance company to provide fast, easy and better flood insurance, announced the launch of its latest. ....

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