Pivix Launches Monoline Commercial Property Program
Key Highlights
- ➤Pivix launches monoline commercial property program in 20 states
- ➤Coverage supports up to $4 million per location and $10 million schedules
- ➤Automated processing enables eligible accounts from quote through policy issuance
- ➤Program expands Pivix’s specialty portfolio for wholesale brokers
Expert Statements
Sandy Vertuno, Senior Vice President and Chief Underwriting Officer-Contract Binding Authority at Pivix
“Commercial property is a natural area of expansion for Pivix and one where we see an opportunity to deliver a focused, efficient solution to our wholesale partners”
Sandy Vertuno, Senior Vice President and Chief Underwriting Officer-Contract Binding Authority at Pivix
“We’ve developed a clear underwriting framework around the types of risks we want to write, supported by technology that can make the placement process faster and more straightforward for brokers.”
Mike Miller, Chief Executive Officer of Pivix
“We’re building Pivix around areas where we believe specialized underwriting and strong wholesale relationships can create meaningful opportunities”
Mike Miller, Chief Executive Officer of Pivix
“We’ve made significant progress in expanding our capabilities, and commercial property is another important step in that growth.”
Mike Miller, Chief Executive Officer of Pivix
“We’ll continue to look for opportunities to add products where we believe Pivix can bring something differentiated to the market.”
New E&S offering expands Pivix’s specialty product portfolio for wholesale brokers
Pivix Specialty Insurance Services Inc. (“Pivix”), an excess and surplus lines managing general agent and part of Octave Specialty Group, Inc. (NYSE: OSG), today announced the launch of a new monoline commercial property program. Supported by an A+ AM Best rated insurer, the program is available in 20 states and distributed exclusively through wholesale brokers.
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