Specialty Underwriters’ Alliance Inc., a property and casualty insurer,
announced the implementation of its collateral recovery customer class through its partner agent, AEON Insurance Group.
Collateral recovery is designed for the professional repossessor and
offers coverages for general liability, auto liability, hired/non-owned auto, physical damage, inland marine, on hook cargo, garage keepers and property. It will initially be rolled out in 13 states.
AEON’s Executive Vice President, Mark Sedlacek, stated, “Our estimate is that the collateral recovery market represents about 6,000 accounts and we are excited to work with SUA in our efforts to penetrate this opportunity.”
For more information, visit www.suainsurance.com .
Was this article valuable?
Here are more articles you may enjoy.
Swiss Re: 100 Years After Miami Hurricane, Similar Storm Would Top $200B in Losses
Apollo’s Rowan Blasts Regulators for Handling of Walter Insurers
DoorDash to Pay $132 Million in NYC Over Missing Wages
El Niño and Heat Fuel Destructive Storms Across Pacific Ocean