SeaFire Insurance Services said it is actively seeking new agency partners in New Hampshire, Vermont and Maine for its exclusive auto dealer and repair insurance program.SeaFire said it will consider appointments for retail insurance agencies with scale, brand, resources and auto dealer expertise. SeaFire said all appointed agents would receive detailed training on the program offerings.
SeaFire said its program provides coverage designed for the needs of franchised auto dealers, independent auto dealers, franchised recreational vehicle dealers, franchised motorcycle dealers and additional risks. Available coverage includes auto inventory, property crime, garage, employment practices, commercial auto, general liability, errors and omissions, umbrella liability and worker’s compensation.
Launched in 2011, SeaFire Insurance Services is a program underwriter and a division of Preferred Concepts LLC. Preferred Concepts is a program administrator and wholesale broker. The company is backed by Stone Point Capital, a global private equity firm with more than $9 billion in committed capital.
Preferred has offices in New York, N..Y.; Springfield, N.J.; Hartford, Conn.; Westport, Conn., and Overland Park, Kan.