EQ One Adds Earthquake Capacity, Expands Limits through Munich Re
EQ One, a West Coast earthquake insurance underwriter, has added additional capacity to its earthquake offering through Munich Re Specialty Insurance.
This increased capacity will allow EQ One team to write larger earthquake risks.
EQ One is a difference in conditions (DIC) underwriter providing earthquake and flood insurance combined with a range of commercial and habitational options. EQ One services a national base of wholesale insurance brokers.
The EQ One DIC product is underwritten by The Princeton Excess and Surplus Lines Insurance Company. Surplus lines insurance can only be placed or accepted through a licensed surplus lines broker/producer.
The enhanced coverage is part of an expanded endeavor between Munich Re Specialty Insurance and EQ One’s parent company, Alliant Underwriting Solutions (AUS). Part of Alliant Insurance Services, AUS is a national program administrator with a growing portfolio of underwriting platforms generating more than $1.5 billion in annual gross written premium.
Headquartered in Newport Beach, CA, Alliant Insurance Services, Inc. provides property and casualty, workers’ compensation, employee benefits, underwriting, surety, and financial products and services to clients nationwide, including public entities, tribal nations, healthcare, energy and marine, law firms, real estate, construction, financial institutions, agriculture, aviation, and environmental.
Munich Re Specialty Insurance is a description for the insurance business operations of affiliated companies in the Munich Re Group that share a common directive to offer and deliver specialty property and casualty insurance products and services in North America.
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