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.
NAIC Victim of Cyber Incident Via PeopleSoft System 
North Carolina Becomes First State to Pass Outright Ban on Litigation Financing 
Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says 
Mamdani Delivers Rent Freeze in Milestone for New York City Tenants 
