Patriot National, a leading provider of technology and outsourcing solutions, announced today that it has partnered with ProSight Specialty Insurance (ProSight), a provider of customized insurance solutions, to launch a new restaurants, bars and taverns program, adding to Patriot's national hospitality focus.
The program will encompass property, general liability and liquor liability.
Based in Morristown, NJ, ProSight provides customized insurance solutions to niche markets where it has differentiated underwriting and claims expertise, and partners exclusively with specialist distributors who have a deep understanding of the specific needs of their customers.
"We are very pleased to partner with the ProSight team on the development and execution of our new restaurants, bars and taverns hospitality program," said Steven M. Mariano, Chief Executive Officer of Patriot National.
"ProSight has achieved tremendous growth by offering innovative and customized solutions and we believe that joining forces will lead to expanding our portfolio of exciting new insurance solutions for the hospitality industry over the coming years."
Larry Hannon, Chief Operating Officer of ProSight said, "We are looking forward to working with Patriot National to expand the reach of our restaurants, bars and taverns program through Patriot’s vast distribution network. Both Patriot and ProSight have special expertise in this space.
"Working with Patriot National enables ProSight Specialty Insurance to do what we do best: provide differentiated coverage and service offerings that truly deliver value to our customers."
ProSight Specialty Insurance was founded by industry veteran CEO Joe Beneducci, with the explicit purpose of introducing innovation to the commercial property and casualty insurance market.
ProSight designs solutions that are born from customers’ self-identified challenges, so each solution is targeted to enhance customers’ operating performance.