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Coastal Insurance Underwriters (CIU), the program administrator that specialises in designing, creating, and managing insurance products for a variety of business classes, has announced a new carrier partnership with Superior Specialty Insurance Company (SSIC), a State National Insurance Company surplus lines insurer.
According to the announcement, this new partnership is effective as of July 1, 2024.
SSIC, an AM Best A (Excellent) Financial Category Size X (Ten) Category, provides surplus lines coverage for insurance programs.
“Working with Superior Specialty further solidifies CIU’s commitment to partnering with financially sound carriers for continued stability in the community association market and encourages additional participation from reinsurers,” commented CIU Co-President and Chief Operating Officer Kim Bushong Petrillo.
“We’re thrilled to establish a long-term partnership with SSIC. This relationship lends greater continuity to our current product offerings while providing more flexibility for product expansion such as higher property limits for our condominium association product and Difference in Conditions (DIC) programs,” said Co-President and Chief Underwriting Officer Sim Bridges.
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