NIP Specialty brokerage has established a new facility with the aim of helping agents and brokers recoup business insurance policies that have been cancelled because the policy holders have filed for bankruptcy.
The New Jersey-based division of NIP Group Inc. is working with carriers that are not averse to a broad range of industries and policy types. NIP is targeting insurance companies, investment advisors, security brokers, banks, as well as other companies for this program.
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