Orchid Underwriters Agency, LLC, a specialty underwriter of catastrophic coastal insurance, announced that it expanded its Commercial Lines business to two new states: Alabama and Mississippi.
The two new states join New Jersey, North Carolina, South Carolina, Florida, Louisiana and Texas as states where the Orchid products are offered.
Orchid’s Commercial Lines division specializes in business owner policies (BOP), monoline property policies and commercial package policies (CPP) with coastal exposure, including a variety of coverage options serving small- and medium-sized commercial businesses, including habitational risks.
Orchid’s Vice President of Commercial Lines, Bryan Schofield, said the new states will leverage the technology from its online quoting platform, Orchid Connect.
“Through the combination of product and technology, we now provide wind capacity to the entire Gulf Coast region and plan to expand into eight additional states up the East Coast by the end of the year,” Schofield added.
Orchid specializes in providing specialty insurance products for homeowners and small businesses throughout the United States and the Caribbean.
Topics Commercial Lines Business Insurance Underwriting Mississippi Alabama
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