Tower Hill Specialty expands Midwest presence with new location

Tower Hill Specialty expands Midwest presence with new location | Insurance Business

Tower Hill Specialty expands Midwest presence with new location

Tower Hill Specialty has opened a new location in Missouri, expanding its operations in the Midwest.

The insurer provides homeowners’, dwelling fire, manufactured housing and condominium products. Tower Hill Specialty also offers specialized coverages for rental homes, rental properties and fixer-uppers.

With its new Missouri office, Tower Hills Specialty now operates in five Midwest states: Illinois, Indiana, Ohio, Wisconsin, and Missouri. In a release, the company said that it is planning further expansion in 2019.

“Our core strategy is simple: we offer quality, high-demand insurance products to underserved markets at competitive rates,” commented Tower Hill Specialty CEO Manny Rios.

“Tower Hill Specialty provides property coverage options and choices that are not widely available,” the CEO added. “Our sophisticated rate structures help improve our partners’ retention rates by providing coverage for risks that other channels often won’t even consider.”

In September, Tower Hill expanded its business in Alabama.