San Francisco-based WKF&C Agency Inc. and Insurance Company of the West have announced a strategic partnership in which WKF&C will offer earthquake insurance on a monoline basis for select commercial business.
The new program is available in all 50 states on admitted paper. Minimum premium starts at $2,500. Earthquake coverage will automatically be offered to select WKF&C clients at renewal (based on risk acceptability). It will be available for new business accounts.
The relationship is intended to complement the broker’s existing relationship with ICW. The partnership between ICW and WKF&C will focus on the smaller, transactional EQ accounts that ICW might normally not see from their producer base, the companies said.
Privately held ICW Group represents a group of multi-line property and casualty insurance carriers providing workers’ compensation, earthquake and personal/business auto insurance. Its member companies consist of Insurance Company of the West, Explorer Insurance Co. and Independence Casualty and Surety.
WKF&C Agency Inc. is a managing general agents in the excess and surplus lines marketplace.
Topics Catastrophe Natural Disasters
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