Max Specialty Insurance Company has announced that, with the addition of Colorado, it is now an eligible surplus lines insurer in a total of 48 states of US.

Max Specialty, the excess and surplus lines platform of Max Capital Group, operates across three divisions: brokerage, contract binding and marine, offering property, ocean and inland marine, casualty, excess liability and umbrella insurance products.

Stephen Vaccaro, president and CEO of Max Specialty Insurance Company, said: The addition of Colorado as a state in which Max Specialty may now write surplus lines business is a further step toward our goal of establishing Max Specialty as a leading US-based excess and surplus lines company. We are seeking approval as an eligible surplus lines insurer in New Hampshire, the only state in which we are currently unable to transact business.