Tower Hill Specialty Insurance Expands Midwest Region

LOVELAND, Ohio, Nov. 15, 2018 /PRNewswire/ -- Property insurance products available exclusively through Tower Hill Specialty are now offered in Missouri. Based in Ohio, Tower Hill Specialty provides homeowners, dwelling fire, manufactured housing and condominium products, offering specialized coverages for rental homes, rental properties and fixer-uppers.

With the addition of Missouri, Tower Hill Specialty is now available in these Midwest states: Illinois, Indiana, Missouri, Ohio and Wisconsin, with further expansion scheduled for 2019. Tower Hill Specialty launched in early 2018 with a targeted product focus and is currently available in eight states. During 2019, Tower Hill Specialty will continue its expansion within the West, Midwest and Southeast regions.

Manny Rios, Tower Hill Specialty's Chief Executive Officer, has more than 30 years of industry experience specializing in residential property insurance. As Rios explains, "Our core strategy is simple: we offer quality, high-demand insurance products to underserved markets at competitive rates." The company's structure and size allow it to be nimble in adapting quickly to a dynamically changing marketplace.

Using advanced technologies and going back to the basics are key. "It's really all about supply vs. demand and keeping the process simple," Rios adds. "Tower Hill Specialty provides property coverage options and choices that are not widely available. Our sophisticated rate structures help improve our partners' retention rates by providing coverage for risks that other channels often won't even consider."

Tower Hill Specialty products are available through a network of regional and national insurance carriers, offered exclusively through Tower Hill Prime Insurance Company. An affiliate in the Tower Hill Family of Companies, Tower Hill Prime currently holds a Financial Strength Rating® of "A-" (Excellent) from A.M. Best Company. Founded in 2003 and with more than $129 million in surplus as of September 30, 2018, Tower Hill Prime offers both Personal Lines and Commercial Lines products throughout the Southeast and in the markets served by Tower Hill Specialty.

About Tower Hill: Ohio-based Tower Hill Specialty, LLC is a subsidiary of Tower Hill Insurance Group, LLC headquartered in Gainesville, Florida. Founded in 1972, Tower Hill Insurance, is a leader among residential and commercial property insurers in the Southeast. Financial strength, product expertise, a comprehensive reinsurance program and exceptional claims service are core business strategies of the organization.

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SOURCE Tower Hill Specialty