International Catastrophe Insurance Managers, LLC. (ICAT) has launched its Middle Market Business Unit in California.
John Brennan will lead the department’s objectives to underwrite accounts with values of $10 million or more. ICAT expects premiums from its middle market programs to range from $50,000 to $250,000, and ICAT’s facilities still have no set minimum premiums.
ICAT, a Boulder-based Managing General Agency, provides comprehensive DIC coverage for earthquake risks located throughout the West Coast. Submission of accounts is still available through ICAT’s online quoting and underwriting system at www.icat.com, which provides ICAT with the ability to turn around middle market quotes in 24 hours or less.
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