Reinsurance News

Prime approved to write specialty insurance cover in New York state

28th December 2017 - Author: Luke Gallin

Prime Insurance Company (Prime), a subsidiary of Prime Holdings Insurance Services, Inc., has received approval to underwrite specialty lines insurance coverage in the state of New York.

Prime Insurance CompanyPrime is a provider of excess and surplus (E&S) lines property and casualty (P&C) insurance options for a range of business lines, including specialty, general liability, multi-peril, property, health care services, professional liability insurance, and more, and has an A.M. Best Credit Rating of “A” (Excellent).

Commenting on its recent approval to write specialty lines business in New York state, President, Chairman and Chief Executive Officer (CEO) of Prime, Rick Lindsey, said; “We are thrilled to have received authorization to conduct business in New York State.

“This is a further indication of how Prime is working diligently with the insurance departments, producers, and insureds to provide a stable E&S marketplace all across the United States.”

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