Everspan Group, the specialty property and casualty insurance platform, has partnered with Platinum Excess Trucking, a division of Platinum Specialty Underwriters on a new excess transportation program.
Platinum Excess Trucking is a managing general underwriter (MGU). The MGU specialises in excess liability for trucking and specialty auto accounts.
From what we understand, the Platinum Excess Transportation program will be distributed exclusively through brokers.
The program will offer excess liability coverage with limits up to $5 million for local, intermediate, and long haul trucking operators, as well as specialty auto businesses, which includes waste haulers, petroleum product haulers, contractors’ fleets, moving and storage, and ready mix, sand and gravel haulers.
Steve Dresner, President of Everspan, commented on the program: “Everspan is pleased to partner with Platinum Excess Trucking on this program. Disciplined underwriting is the cornerstone of Everspan’s business, and Platinum’s underwriting team has more than 30 years of experience in the trucking industry. So we see this as a good fit.”
Karen D’Elia, Senior Vice President of Platinum Excess Transportation, said: “Platinum’s partnership with Everspan has broadened our excess transportation offering to $5M. This program provides our distribution channel with a more efficient, profitable, and seamless option for their clients on one policy.”
