Frates Reinsurance Intermediary is to launch three new insurance programmes in early 2015—the Nursing Home WC Captive Program, Non-Subscribers Program in Texas and Healthcare Cyber Liability Program.
The three programmes join 12 others launched by Frates Reinsurance Intermediary in the last three years including Habitational and Commercial Properties, Insurance Agents E&O, Lawyers Professional Liability, Hotel and Motel P&C, Yoga Instructors, High Value Personal Property and Multi-Class Workers Compensation programmes.
All three programmes are produced and underwritten by top tier programme managers and managing general agents around the US and placed with AM Best "A" rated insurance companies, all size XI or higher.
"We continue to diversify our portfolio of insurance programmes," said Desmond Bohan, senior vice president of programmes at Frates.
"Here we targeted three different lines of business. Each one also has a different geographic footprint: the nursing homes captive programme is predominately in the northeast, the cyber liability programme is on a national basis and the non-subscribers programme is of course in Texas.”
“This is very exciting, made even more so because we have a few more in the pipeline close to a launch date."
The three programmes join 12 others launched by Frates Reinsurance Intermediary in the last three years including Habitational and Commercial Properties, Insurance Agents E&O, Lawyers Professional Liability, Hotel and Motel P&C, Yoga Instructors, High Value Personal Property and Multi-Class Workers Compensation programmes.
All three programmes are produced and underwritten by top tier programme managers and managing general agents around the US and placed with AM Best "A" rated insurance companies, all size XI or higher.
"We continue to diversify our portfolio of insurance programmes," said Desmond Bohan, senior vice president of programmes at Frates.
"Here we targeted three different lines of business. Each one also has a different geographic footprint: the nursing homes captive programme is predominately in the northeast, the cyber liability programme is on a national basis and the non-subscribers programme is of course in Texas.”
“This is very exciting, made even more so because we have a few more in the pipeline close to a launch date."
