Allied World North America has teamed with Great Point Insurance to offer umbrella coverage in the U.S. and Canada for small businesses through their online portal, UmbrellaPro.
Designed for companies with less than $25 million in annual revenues, UmbrellaPro provides 24/7/365 access for agents and brokers to quote, bind, and issue policies for over 600 eligible classes of business, the companies said in a statement. Limit options range from $5 to $25 million.
Derek Broaddus, the senior vice president of the excess casualty division at Allied World U.S., commented, “In addition to being one of the nation's top program administrators, Great Point Insurance brings an exciting new technology component to the table.”
Doug Burger, the president and chief executive officer of Great Point Insurance, said, “We built UmbrellaPro.com from the ground up to complement our new program with Allied World. A hyper competitive umbrella program that you can quote, bind, and issue on demand will be a game changer for small business agents.”
Learn more: www.awac.com; http://www.greatpointins.com/.
Victoria Spears
Victoria Prussen Spears is senior vice president of Meyerowitz Communications Inc., a law firm marketing communications consulting company. A graduate of Sarah Lawrence College and Brooklyn Law School, Ms. Spears was an attorney at a leading New York City law firm before joining Meyerowitz Communications. She may be contacted at [email protected].