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.
Topics California Excess Surplus Lloyd's
Was this article valuable?
Here are more articles you may enjoy.
After Complaint, GEICO Agrees to Modify Cancellation Process That Uses AI 
Acrisure to Cut 2,250 Employees, Citing Advances in Technology and AI 
Entrepreneur’s Suit Says My Safe Florida Home Hurricane Shutters Are Fire Hazards 
Insurance Platform Corgi Valued at $2.6B in Funding Round 
