Maritime Program Group (MPG) announced today the launch of their new Non-admitted Homeowners program offered through their Private Client Services division.
“MPG has created a product to help our brokers navigate the sea of inconsistent, non-standard forms and endorsements available in the market today,” remarks Brian Botwinick, VP of Private Client services. “With Security provided by Lloyds of London on AM Best Rated A paper, MPG is offering a product that builds many of the additional coverages that are otherwise not always offered or even available, therefore alleviating some of the E&O concerns many brokers have when dealing with non-admitted programs.”
The program is available nationally, including CAT prone areas such as Florida and the Gulf coast for primary homes, secondary homes and secondary rentals. Some of the additional coverages include Extended Replacement Cost, Water Back Up, Replacement Cost Contents, Ordinance and Law Coverage, All Risk Contents, Loss Assessment, Mechanical Breakdown, Personal Injury, Identity Fraud, Increased Special Limits and Section I Mold Remediation.
MPG’s appetite includes catastrophe exposed homeowners (Wind, Flood, Earthquake, Brush), rental or vacant properties, risks that are no longer acceptable to the standard markets due to losses, high profile and celebrate exposure, LLC, trust and corporately owned property, course of construction and Renovation, HO6 and HO4, and standalone wind and hail coverage for condominiums.
Maritime Program Group (MPG) is a Program Administrator providing a full range of marine insurance products and underwriting services to its broker network throughout the Unites States. MPG specializes in protecting all types of marine-related assets across every category of marine risks, including Recreational Marine, Inland Marine, and Ocean Marine. Through its Private Client Services, MPG serves the individual insurance needs of high net worth clients, hard to place and coastal homeowners, standalone liability and excess flood. MPGs nearly 65 employees are strategically located in offices nationwide, with primary offices in Westbrook, CT and Manchester, NH.
For more information about Maritime Program Group, visit www.maritimepg.com or call 800.366.8086 Ext. 1658.
Media Contact: Damon Pesce VP Business Development Maritime Program Group dpesce@Maritimepg.com (860) 399-3658
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