La Jolla, Calif.-based program administrator Prospect General Insurance Agency announced its tribunalization by Lloyd’s of London.
Being named a coverholder allows Prospect General access to the Lloyd’s marketplace.
Prospect General intends to initially utilize the available capacity to roll out a real estate investor’s program, which has been designed to provide single policy insurance coverage for portfolios of real estate focused on residential dwellings.
Prospect General operates nationally and is a wholly owned subsidiary of Palomar Insurance Holdings.
Was this article valuable?
Here are more articles you may enjoy.