CINCINNATI, September 20, 2022 (GLOBE NEWSWIRE) – Core Specialty Insurance Holdings, Inc. and its subsidiaries (“Core Specialty” or the “Company”) today announced a new underwriting agreement with AllDigital Specialty (“AllDigital”) to provide and officers, recruitment practices and fiduciary excess liability coverage in support of small and medium sized private and non-profit organizations starting September 12, 2022. AllDigital uses minimal or non-touch technology to enable Core Specialty to operate a fast and efficient digital platform. quote, link and issue policies in the small private company management liability market segment of the United States. The program will be available to manufacturers on an unregistered basis.
“We are thrilled to be joining Core Specialty to bring our second liability management product, Excess, to market. The main goal is to deliver a great product with the speed and efficiency our brokers expect from AllDigital,” said Atula Alvis, co-founder and CEO of AllDigital Specialty.
Jeff Consolino, President and CEO of Core Specialty, commented, “We are excited to work with AllDigital to provide more small businesses with the coverage they need to operate in an increasingly challenging business environment. This contactless solution for wholesale brokers allows us to expand our footprint in this underdeveloped market.”
About the main specialty
Core Specialty offers a wide range of property and casualty insurance products for small and medium businesses. From its US-based underwriting offices, the company focuses on niche markets, local distribution and underwriting excellence; offering traditional as well as innovative insurance solutions to meet the needs of its clients and brokers. Core Specialty is an insurance holding company that operates through StarStone Specialty Insurance Company, a US surplus and surplus line insurer, and StarStone National Insurance Company, Lancer Insurance Company, Lancer Insurance Company of New Jersey, US market-approved insurers. The company was rated A- (Excellent), XII category of financial size according to AM Best. For more information about Core Specialty, visit www.corespecialty.com.
Copyright 2022 GlobeNewswire, Inc.
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