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Upland offering excess transportation liability program

Posted On: Feb. 23, 2021 5:43 PM CST

transportation

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.