Tyler, Texas-based Paramount General Agency, a licensed program administrator with a focus on the long-haul trucking industry, has launched an online platform offering a multi-line suite of insurance products for its broker and carrier clients.
Paramount provides commercial auto liability, cargo, and physical damage coverage as well as general liability, wholesale markets and premium financing to trucking businesses in Texas. The company’s online platform utilizes proprietary AI technology and data analytics coupled with a superior user experience, that allows brokers to quote and bind insurance for their clients within minutes.
In addition to its wholesale insurance programs comprising PD & Cargo, Trailer Interchange, Commercial Auto and Non-trucking Liability (Bobtail), Paramount’s online platform also features two recently introduced exclusive programs that include auto liability catered to trucking and transportation companies hauling NAFTA-related goods to and from the trade zones, and a domestic liability program for trucking and transportation companies hauling goods for hire within a long haul, intermediate or local radius.
Paramount is a subsidiary of Integrated Specialty Coverages LLC (ISC), a program administrator that builds end-to-end insurance products utilizing artificial intelligence (AI) technology and data analytics. Paramount was acquired by ISC in 2019.
ISC is backed by Sightway Capital LP, Two Sigma’s private equity business.
Source: Integrated Specialty Coverages
Topics Texas Georgia Data Driven Trucking
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