MGAguard unveils new tech-driven platform targeting hospitality and taverns industry
Florida-based MGAguard, a new technology-enabled platform for specialty insurance underwriting, has commenced operations targeting the hospitality and taverns industry.
It will offer admitted insurance products, including property, business interruption, liquor liability, general liability, cyber liability, and employment practices liability.
MGAguard's RBTguard programme is supported by an admitted A+ rated AM Best insurer.
The managing general agent (MGA) is funded by Cerberus Capital Management and funds managed by TCW Asset Management Company.
The company is led by experienced insurance industry executives, including Lee Wilson as executive chairman, David Hampson as chief strategy officer, Kevin Littlejohn as chief operating officer, Gex Richardson as chief administrative officer, and Mike Rosa as managing director of underwriting.
Hampson said: “When it comes to specialty insurance underwriting, MGAguard is doing things differently. We have gathered an experienced team funded by Cerberus and TCW to deliver innovative products that will be offered through technology-enabled services and industry best practices.”
Rosa added: “RBTguard is laser-focused on serving the needs of neighborhood pubs, hometown taverns, sports bars, and bar and grills by offering a single-source for a broad range of innovative insurance products backed by digital technology. Inherent in our go-to-market plan is the desire to do things differently and deliver an optimal customer experience without compromising reliability and security.”
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