Citation Re, a New York- based reinsurance company, is making available terrorism coverage for suburban risks.
This stand-alone terrorism coverage has limits up to $65 million.
Citation Re also announced the promotion of Brendan Cook to vice president. Among his new responsibilities will be managing this new terrorism facility. Cook will also be involved with catastrophic perils, some production reporting and marketing.
Citation Re is a subsidiary of Jimcor Agencies, an excess and surplus lines wholesaler in New York, New Jersey, Pennsylvania and Massachusetts.
Source: Jimcor
Topics Catastrophe Natural Disasters
Was this article valuable?
Here are more articles you may enjoy.
Lawsuits Allege Six Flags Roller Coaster Caused Traumatic Brain Injuries 
AM Best: US Home Insurers in 2025 Book First Underwriting Profit in Seven Years 
Florida OIR Orders Unlicensed RRG to Cease and Desist After Owners Arrested 
Florida AG Sues Roofing Firm After Dozens of Complaints About Unfinished Work 
