New York-based digital firm Attune Insurance has partnered with Accredited Surety and Casualty Company and TransRe to launch a new business owners’ policy (BOP) aimed at boosting underwriting capabilities.
The BOP+ features 135 new classes and additional coverages, allowing brokers to serve more small businesses in their communities efficiently.
Accredited will serve as the carrier of the new product and will be backed by a panel of reinsurers led by TransRe.
Attune Insurance will roll out the BOP+ to its customers in the coming months.
“Our technology enables a frictionless experience for brokers to serve their small business customers in a matter of minutes with tailored products, and this partnership enables us to provide additional coverage options to our customers,” said James Hobson, chief executive officer at Attune Insurance.
“Attune uses data and technology to underwrite risks in a new way,” said Ken Brandt, TransRe’s global president of underwriting operations. “We are pleased they chose us to partner with them, and we look forward to working with Attune to help them meet and exceed their goals.”
Todd Campbell, president and chief executive officer of Accredited, also expressed excitement about the new partnership. “We are excited to be delivering on our mission to be the program underwriter of choice for US MGAs, MGUs, program owners, and their capital partners,” he said.