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Victor O. Schinnerer & Co. has launched V², pronounced V Squared, an online insurance quoting and binding platform, the Chevy Chase, Maryland-based specialty underwriting manager said Tuesday.
V² allows agents and brokers to quote, bind and issue policies almost immediately with 24-hour access, the company said in a statement.
The first product available on V² is errors and omissions coverage for real estate agents and brokers, property managers, appraisers, commercial agents and leasing agents, the statement said, adding that further professional and management liability product lines will follow.
The Schinnerer Group is introducing a new insurance program through Marsh L.L.C. that will cover up to 10% of an insured’s property insurance program with up to $200 million in limits per program.