NSM Insurance Group, a provider of industry-specific insurance program administration, has launched an excess & surplus lines start-up program, dubbed Specialty E&S, which will be led by Joseph Mossbrook.
Image: NSM Insurance Group announces new excess & surplus lines program. Photo: courtesy of IndypendenZ at FreeDigitalPhotos.net.
Specialty E&S will focus on small commercial liability and property business for main street or one-off main street type risks on a non-admitted basis.
The program will be able to write nearly 600 classes of business with broad-based products geared towards Artisan and General Contracting, Mercantile and Lessors, Manufacturing and Distributors, Habitational, Special Events, and many other ISO classes of business. This program will be available to new and existing agents alike, and will allow NSM to become a true one-stop shop for its retail partners.
Selective Insurance Company E&S division MUSIC former senior vice president Joseph Mossbrook said: “As we launch our new Surplus Lines division, we have added a team of experienced excess and surplus lines producers who have been connected to the market writing small to medium sized accounts.
“We look forward to solving our retail partners’ E&S insurance needs and being a first market of choice for their business.”
NSM Insurance Group CEO Geof McKernan said, “We are thrilled to partner with many of NSM’s dedicated retail brokers as we look to advance those relationships with a line of business not already provided by our existing portfolio of programs.
“Creating this new division will help NSM maintain a leadership position and increase our market presence in the retail space while aligning our resources and additional product offerings to our select retail partners.”
Source: Company Press Release