Richardson, TX, January 30, 2017- Encore Special Risks, LLC and Spinnaker Insurance Company have launched a new Texas Preferred Homeowners HO-B program, making superior quality coverage available to homeowners in catastrophe exposed areas of the state. Encore is partnering with Spinnaker Insurance Company which has a financial strength rating of A- (Excellent) from A.M. Best.
Encore’s Texas Preferred Homeowners program fulfills Encore President and Texas insurance veteran Rob Arnold’s vision to ensure that high quality A.M. Best-rated homeowners insurance is readily available to Texas consumers. “My goal is to ensure that Texans have easy access to superior insurance offerings – especially in catastrophe-prone areas. Spinnaker’s A.M. Best – rated paper enables us to bring a top quality HO-B product to market in the areas where homeowners need it most.”
The Homeowners Multiple Peril offering will utilize the Texas-promulgated HO-B form and is an admitted program in the State of Texas. The Encore-Spinnaker program is now available to agents and policyholders, and Encore is working to accelerate availability in Harris County, the Austin – San Antonio corridor, and Tier 1 areas. Agents can get immediate premium indications through Encore’s automated online system. Encore offers direct bill to consumers and payment plans are available.
“We are excited to partner with the Encore team to provide a product of superior quality and value for Texas homeowners”, said Spinnaker Chief Executive David Ingrey.
Learn more about Encore at www.encorerisks.com. Agents may contact Encore Personal Lines Underwriting Manager Michelle Ward directly on (214) 612 7925 and michelle.ward@encorerisks.com. Encore President Rob Arnold is available on (214) 998 1892 and rob.arnold@encorerisks.com.
Spinnaker is a national property and casualty insurer rated A- by A.M. Best Company. Spinnaker provides high quality security to policyholders in underserved insurance markets. With the capacity to offer admitted insurance products in 45 states and jurisdictions, Spinnaker utilizes program administrators and managing general agents to access niche markets, focusing on short-tail business (with an emphasis on homeowners, renters, and small commercial) and certain specialty lines. Learn more at www.spinnakerins.com.
Media Contact
David Ingrey
dingrey@spinnakerins.com
908.879.2241
Topics Texas New Markets Homeowners AM Best
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