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Specialty Insurance Group, a unit of Bermuda-based Everest Re Group Ltd.’s Everest Insurance, said Monday it is establishing an online portal for brokers and clients to get immediate liability coverage for special events.
The SIG special event portal will allow brokers to secure instant liability coverage for events such as concerts, conferences, garden shows, and festivals, the specialty group said in a statement. Everest National Insurance Co. is providing the coverage.
Brokers who are interested in participating in the SIG special event portal program must be approved as a SIG portal producer.
“The SIG special event, portal-driven program is the first in a series of offerings that will be released in the coming months,” David Harris, Carmel, Indiana-based head of Everest’s Specialty Insurance Group said in a statement. “The state-of-the-art portal will be a way for our customers to receive quotes and binders, and pay their premiums online.”
Everest Re Group Ltd. said Tuesday it had formed a private, nonprofit unit as part of the expansion of its Everest Specialty Underwriters financial lines division.