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Insurtech company Cover Whale Insurance Solutions Inc., which focuses on commercial auto, said Monday it is partnering with insurtech Everspan Indemnity Insurance Co. in a trucking program.
Cover Whale, based in Rancho Santa Margarita, California, said in its statement the commercial trucking program will be written by New York-based Everspan and target professional owners of small trucking operations, including common and contract carrier operations such as commercial truckers, common carriers, contract carriers, freight haulers and intermodal carriers.
Everspan Indemnity is a member of the Everspan Group, a fronting insurance group that is a unit of Ambac Financial Group Inc.
Cover Whale said in June it has named former TigerRisk Partners LLC specialty casualty head Kevin Abramson as its president.
A Cover Whale spokeswoman said in an email the coverage has a $1 million single limit for auto liability. She said through other parties, Cover Whale can also offer the motor truck cargo, physical damage, non-trucker’s liability and truckers general liability coverages.
Cover Whale Insurance Solutions Inc., an insurtech firm focused on commercial auto, has named former TigerRisk Partners LLC specialty casualty head Kevin Abramson as its president.