Specialty Program Group LLC has launched Flagship Marine Underwriters, a best-in-class yacht and charter recreational marine underwriting facility. Based in Fort Lauderdale, Florida, Flagship specializes in global underwriting facilities for yacht, luxury yachts and the charter yacht industry.
Assurant Inc. has expanded its SureDeposit product to commercial property owners, management companies and their tenants. Previously only available in the residential market, Sure Deposit now enables commercial property managers to offer a surety bond payment as an alternative to a security deposit.
Specialist reinsurance broker Capsicum Re has confirmed its role as reinsurance broker working with the Arch Capital Group Ltd.'s new Washington D.C. based subsidiary, Arch MRT, on the new mortgage credit risk transfer program, 'IMAGIN'.
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Denny Jacob
Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected].
