PREFERRED PROPERTY PROGRAM (JGS INSURANCE)

Preferred Property Program (JGS Insurance) is part of this year's Insurance Business America's Top Specialist Brokers list

PREFERRED PROPERTY PROGRAM (JGS INSURANCE)
http://www.jgsinsurance.com/
HABITATIONAL INSURANCE
Holmdel, NJ

Preferred Property Program is a wholly owned subsidiary of JGS Insurance, specializing in umbrella policies for community associations such as condos, homeowners’ associations, apartments, hotels and motels.

“We started writing condominium associations in the late 1970s and recognized that this was very different from any other type of commercial real estate being built,” says Ken Hager, president of Preferred Property Program. “Our office was one of the founding members of the

New Jersey Chapter of the Community Associations Institute [CAI], a nonprofit dedicated to the betterment of associations. We have remained very active in this organization, as well as a number of others, to keep abreast of the unusual exposures facing community associations. This has allowed us to develop very specifi c programs for these unique exposures, and as a result, many brokers across the US come to us for our specialty products. In New Jersey, our parent corporation, JGS Insurance, assists hundreds of communities on a retail basis.”

As an MGA representing numerous commercial insurance companies, Preferred Property’s primary specialty is umbrella habitational policies from $1 million to $100 million, but the firm also offers policies for environmental impairment liability, workers’ compensation and equipment breakdown.

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