London Underwriters, Trigon to Offer Low-Value Homeowners Program in Alabama
London Underwriters LLC, a national MGA and surplus lines broker, has partnered with Birmingham based wholesaler Trigon Inc., to provide a new and exclusive low-value homeowners program for the state of Alabama.
The product will target homeowners (HO3, HO6 and HO4) as well as dwelling fire (DP1 & DP3) forms with minimum dwelling coverage as low as $25,000 for Coverage A.
Coverage will be available on A.M. Best A Class XV E&S paper with an online rate and policy issuance platform.
Trigon President Scott Brooks said the partnership with London Underwriters will allow Trigon to broaden its personal and commercial lines product offerings in Alabama and provide an option to a market segment in need of additional alternatives.
The product will initially be available to select existing Trigon appointed agents but will be expanded to consider additional retail distribution partners in the coming months, according to London Underwriter’s VP of Marketing and Business Development, Gregory Gold.