Upland Capital Group Inc. said Tuesday it is introducing an excess transportation liability insurance product that targets fleet sizes of up to 250 revenue-producing vehicles.
Dallas-based Upland said the product offers up to $5 million in limits, targeting $1 million and $2 million excess limits. The program will be written through select wholesale brokers in 50 states on nonadmitted paper.
Claims will be handled by a dedicated in-house team, the company said.
Upland said last month that with $200 million in funding, it will offer a portfolio of excess and surplus lines casualty, property and specialty insurance products, with an initial focus on excess casualty products distributed through wholesale brokers.
Upland Capital Group Inc. said Monday that with $200 million in funding, it will offer a portfolio of excess and surplus lines casualty, property and specialty insurance products, with an initial focus on excess casualty products distributed through wholesale brokers.