NEW YORK, Feb. 13, 2018 /PRNewswire/ -- QBE North America, an integrated specialist insurer, today announced a strategic program underwriting alliance with Huntersure LLC, to offer its Professional Liability coverage for small to mid-size architectural, engineering and contractor businesses nationwide through Huntersure. The initiative to continually expand its innovative portfolio demonstrates QBE North America's distinctive ability to nimbly respond to the evolving market needs of our customers. This coverage will be provided on a non-admitted basis through QBE North America's A.M. Best "A" rated insurance companies.
Huntersure has over 10 years of experience offering a wide array of insurance products in the professional liability space. Huntersure will underwrite these risks and offer coverage for these accounts through a variety of specialized distribution sources including retail and wholesale partners.
The program appetite includes professional liability insurance products for architects, engineers, surveyors, planners and other design professionals. In addition, professional liability insurance is offered for contractors operating in the agricultural, residential, commercial, institutional, industrial, heavy civil, and environmental sectors.
"The foundation of QBE North America's strategic competitive advantage includes providing solutions that meet the ever-changing needs of our customers," said Jeff Grange, President, Specialty Insurance, QBE North America. "We are dedicated to delivering industry-leading products and services through our limited and preferred network of producer partners that we have appointed in the retail and wholesale channels. The combination of Huntersure's demonstrated track record and QBE's innovative solutions, offer a strong solution for the market."
"QBE is a globally strong, integrated specialist insurer, and our connection with this organization provides us with a new opportunity to offer Professional Liability coverage for architectural, engineering and contractor professionals. We are proud to partner with QBE and we look forward to serving the professional liability needs of this market," said Marc Holden, Partner, Huntersure, LLC.
About Huntersure LLC
Huntersure LLC was formed in 2007 with the mission of creating a premiere niche professional liability underwriting facility. The firm has experienced significant growth since its inception by adding key strategic insurance professionals and expanded product offerings, resulting in a broad yet specialized professional liability portfolio.
Today, Huntersure provides professional liability products on a nationwide basis for a broad base of professionals including Lawyers, Accountants, Management Consultants, Miscellaneous Professionals, Technical Consultants, Architects, Engineers and Allied Healthcare providers.
QBE North America is part of QBE Insurance Group Limited, one of the largest insurers and reinsurers worldwide. QBE NA reported Gross Written Premiums in 2016 of $4.6 billion. QBE Insurance Group's 2016 results can be found at www.qbena.com. Headquartered in Sydney, Australia, QBE operates out of 37 countries around the globe, with a presence in every key insurance market. The North America division, headquartered in New York, conducts business through its property and casualty insurance subsidiaries. The actual terms and coverage for all lines of business are subject to the language of the policies as issued. QBE insurance companies are rated "A" (Excellent) by A.M. Best and "A+" by Standard & Poor's. Additional information can be found at www.qbena.com, or by following QBE North America on Twitter.
View original content:http://www.prnewswire.com/news-releases/qbe-north-america-announces-new-professional-liability-coverage-for-architectural-engineering-and-contractor-professionals-program-underwritten-by-huntersure-llc-300598007.html
SOURCE QBE North America