SOURCE: Frates Reinsurance Intermediary

Frates Reinsurance Intermediary

March 16, 2015 00:00 ET

Frates Reinsurance Intermediary Announces Launch of 3 New Insurance Programs in Early 2015

STAMFORD, CT--(Marketwired - March 16, 2015) - Frates Reinsurance Intermediary announced this morning the launch of three new insurance programs in early 2015. This includes their Nursing Home WC Captive Program, Non-Subscribers Program in Texas and Healthcare Cyber Liability Program. The three programs join 12 others launched by Frates Reinsurance Intermediary in the last three years including Habitational and Commercial Properties, Insurance Agents E&O, Lawyers Professional Liability, Hotel and Motel P&C, Yoga Instructors, High Value Personal Property and Multi-Class Workers Compensation programs.

All three programs are produced and underwritten by top tier program managers and MGAs around the country and placed with AM Best "A" rated insurance companies, all size XI or higher.

"We continue to diversify our portfolio of insurance programs," said Desmond Bohan, Senior Vice President of Programs at Frates. "Here we targeted three different lines of business. Each one also has a different geographic footprint: the nursing homes captive program is predominately in the northeast, the cyber liability program is on a national basis and the non-subscribers program is of course in Texas. This is very exciting, made even more so because we have a few more in the pipeline close to a launch date."

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About Frates Reinsurance Intermediary:

Frates Reinsurance Intermediary is in its 30th year of business. Established in 1986 with headquarters in Stamford, CT, Frates Re utilizes a global network of contacts to match MGAs, MGUs, and Program Managers with carriers interested in writing program business. They also assist in program development for companies looking to bundle similar risks and facilitate with reinsurance negotiation and placement.

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