Indigo, Obsidian partner on new professional liability programme
Indigo Specialty Underwriters, a registered series of Arizona-based insurance agency Mission Underwriting Managers has partnered with Obsidian, a hybrid fronting programme carrier.
The partnership provides miscellaneous professional liability coverage for accounts over $50 million in revenue in all 50 US states.
The target areas of practice include insurance services, real estate services, consultants, and excess technology errors and omissions. Coverage will be available for primary and excess MPL on a monoline basis and has strongly rated reinsurance support.
"This partnership allows us to compete on deals we've been successful with historically, and to reconnect with brokers looking for non-admitted capacity," said Kate Walas, chief executive officer of Indigo. "As a startup, it's exciting to be supported by the well-respected team at Obsidian as we embark on what we see as being a long-term partnership."
Bill Jewett, CEO of Obsidian, stated: "We are very pleased to be partnering with Indigo Specialty and Mission Underwriters on the launch of the new professional liability program. The team at Indigo brings to the market very strong underwriting and operational capabilities, and we are excited to be partnering with them."
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