West Chester, Pa.—October 23, 2008–Venture Insurance Programs (www.ventureprograms.com ), a national program administrator and leader in the design and underwriting of select industry focused insurance packages, announced today it will offer Coastal Property coverage under a new CATalyst Property Insurance brokerage facility.
CATalyst will support each of Venture’s current industry programs with access to all major property writers, while also providing mono-line coverage for agents and brokers with hard-to-place Coastal, High Hazard or other Specialty Property exposures.
“CATalyst will be a valuable addition to the coverage Venture currently provides to clubs and resorts in coastal areas,” said Mike Rogers, executive vice president and practice leader of CATalyst. “At the same time, we will also provide market access to any of Venture’s agents and brokers looking to write high-risk coastal exposures such as flood, wind and quake.”
CATalyst has limits to $500 million and features Commercial Property, Inland Marine and Incidental General Liability on Property-driven risks, including Flood and Earthquake.
Brokers and agents seeking more information on CATalyst should contact Mike Rogers at 800-282-6247. ext. 352 or MRogers@ventureprograms.com.
About Venture Insurance Programs
Venture Insurance Programs (www.ventureprograms.com) is a leading program administrator that designs, underwrites and distributes industry-specific insurance packages. Based in West Chester, Pa., Venture has underwriting alliances with the world’s leading carrier groups, including Chubb, Fireman’s Fund, The Hartford, Hiscox, OneBeacon, RSUI, USLI and Zurich North America. Founded in 1993, Venture provides specialty insurance packages for select vertical industries—including golf and country clubs, resorts, technology and life science companies, marine risks, military housing and professional liability.
