Program managers unite to launch specialty MGU

Florida-based Gridiron Insurance Underwriters and Canada-headquartered Signature Risk Partners have introduced the launch of Signature Specialty, a specialised managing basic underwriter.

Signature Specialty would be the first MGU within the nation to mix tailor-made protection and insurance coverage options for the craft beer, vineyard, and golf nation membership insurance coverage section, the businesses stated. Coverage is accessible for property, basic legal responsibility, liquor legal responsibility, inland marine and extra legal responsibility nationwide.

The packages will permit insurance coverage brokers to safe industry-specific, custom-made protection from a single supplier as Signature Craft & Distillery, Signature Golf and Signature Wine, the businesses stated. Coverage is obtainable on a non-admitted foundation by Accelerant Specialty.

“By combining our underwriting expertise and market knowledge together with Signature’s immense experience in underwriting these three classes of business, we believe that we have created a very compelling offer that will provide exceptional coverage at competitive rates while creating placement efficiency for our broker partners,” stated Dave DeMott, president of Gridiron.

“We have built considerable expertise underwriting these programs in Canada over the last 17 years and we are excited to finally have the right partner to help us bring these custom programs to the United States,” stated James Grant, president and CEO of Signature.

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