A major partnership launches earthquake insurance facilities

A major partnership launches earthquake insurance facilities Insurance Business America Reinsurance Major Partnership Launches Earthquake Insurance Facility Emerald Bay and Arrowhead Target Companies in Seismic Zones Reinsurance

Written by Mav Rodriguez

Emerald Bay Risk Solutions has partnered with Arrowhead, a major general insurance agency in the United States, to launch a new commercial earthquake insurance facility called Arrowhead EQ DIC. This new initiative aims to provide specially designed difference-in-conditions (DIC) insurance policies to medium and large businesses in earthquake-prone regions such as California and the Pacific Northwest.

The Arrowhead EQ DIC facility will utilize over $250 million of capacity, made possible through long-standing relationships with leading transportation partners and a focus on disciplined underwriting. The primary reinsurers supporting this facility are top-rated companies rated A- or better by AM Best.

Dave Ingrey, CEO of Emerald Bay, said he was excited to partner with Arrowhead for its inaugural program.

“Arrowhead is highly regarded in the industry for its outstanding underwriting standards and specialized capabilities in environmental and social insurance. Together, we are proud to bring to market a new risk quality-focused solution that meets the growing need for capacity. This is the foundation of a meaningful relationship with Natural synergy, and we look forward to our mutually valuable partnership with Arrowhead.”

Likewise, Louis DeForia, head of commercial seismic at Arrowhead, noted that Emerald Bay's collaborative underwriting and experience with top MGAs and reinsurers will help Arrowhead continue to innovate.

“This facility will combine our more than 25 years of experience supporting the wholesale market with Emerald Bay’s strong core underwriting expertise to make it easier for market participants to access capacity for such a niche product,” DiFioria said.

Emerald Bay launched in March 2024 with support from Bain Capital Insurance to deliver customized insurance solutions, consistent underwriting results and long-term partnerships with a select group of high-performing Managing General Agents (MGAs) and leading reinsurance partners. The company has established itself as a strong, well-capitalized risk management entity, and boasts an AM Best financial strength rating of A- (Excellent).

Follow the latest news and events Join our mailing list, it's free!

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos