Prospect General in California Tribunalized by Lloyd’s

La Jolla, Calif.-based program administrator Prospect General Insurance Agency announced its tribunalization by Lloyd’s of London.

Being named a coverholder allows Prospect General access to the Lloyd’s marketplace.

Prospect General intends to initially utilize the available capacity to roll out a real estate investor’s program, which has been designed to provide single policy insurance coverage for portfolios of real estate focused on residential dwellings.

Prospect General operates nationally and is a wholly owned subsidiary of Palomar Insurance Holdings.