Phoenix-based MiniCo Inc. reported it signed an agreement with Boulder, Colo.-based International Catastrophe Insurance Managers LLC (ICAT), to begin offering property and wind coverage for coastal locations in Florida, Georgia, Alabama, North Carolina, South Carolina, Louisiana, Delaware, New Hampshire and Rhode Island.
Additional filings are in progress for many other states with approvals expected in coming weeks. MiniCo currently has capacity available in designated areas within these states.
ICAT’s available policy coverages include property, wind, and business interruption. MiniCo can also provide a general liability quote with limits for customers goods legal liability and sale and disposal liability coverage.
Source: MiniCo, www.minico.com.
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