New Low-Value Homeowners Insurance Program In Alabama - Insurance News | InsuranceNewsNet

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June 21, 2017 Property and Casualty News
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New Low-Value Homeowners Insurance Program In Alabama

Aventura, Florida- June 20, 2017- London Underwriters LLC, a national MGA and Surplus Lines Broker, announced today that they have partnered with Birmingham based wholesaler, Trigon Inc to provide a new and exclusive Low Value Homeowners Program for the state of Alabama.

The product will target Homeowners (HO3, HO6 and HO4) as well as Dwelling Fire (DP1 & DP3) Forms with minimum Dwelling Coverage as low as $25,000 for Coverage A and will be available on A.M. Best A (Excellent) Class XV E&S paper with an online rate and policy issuance platform.

Trigon’s President, Scott Brooks, said the partnership with London Underwriters will allow Trigon to broaden its personal and commercial lines product offerings in Alabama and provide a bespoke solution to a market segment very much in need of additional alternatives.

London Underwriter’s VP of Marketing and Business Development, Gregory Gold, advises the product will initially be available to select existing Trigon appointed agents, but will expand to consider additional retail distribution partners in the coming months.

Aventura, FL based London Underwriters and sister company Miami Specialty Risk LLC (Lloyd’s Coverholder) specialize in the creation and distributing of customized insurance products solutions for Personal and Commercial Lines for Regional Wholesalers and Retailers.

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