Coastal Risk Underwriters Enters Alaska Homeowners Market

August 16, 2012

Coastal Risk Underwriters (CRU), a member company of Insight Catastrophe Group, has launched a new preferred homeowners program for properties located in the state of Alaska. The program, underwritten by Occidental Fire & Casualty Co. of North Carolina, provides coverage in the following boroughs: Anchorage, Fairbanks North Star, Kenai Peninsula and Matanuska Susitna.

The Alaska Preferred Homeowners program provides coverage for a broad spectrum of residential properties. Policy limits for homes range from $110,000 to $1 million. Earthquake coverage is also available in most areas. Appointed agents and brokers also have access to CRU’s agent portal.

This program marks the sixth homeowners product that CRU has launched with Occidental and its affiliate Wilshire Insurance Co. Products are also available in N.Y., La., S.C., Va. and Ala. CRU plans to increase its reach by expanding into several additional states during the next 12 months.

Coastal Risk Underwriters, LLC (CRU) is a program manager providing specialty personal and commercial property and casualty insurance products on an admitted and surplus lines basis.

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