SOURCE: Frates Reinsurance Intermediary

Frates Reinsurance Intermediary

June 15, 2015 08:00 ET

Frates Reinsurance Intermediary Launches 3 Additional Insurance Programs in 2015

STAMFORD, CT--(Marketwired - June 15, 2015) - Frates Reinsurance Intermediary announced this morning the launch of three new insurance programs in the spring 2015: Lawyers Professional Liability Program in the Northeast, P&C Rig Welders Program in Southern and Midwestern States and DIC Program in the Northwest. 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. This brings a total of 6 new programs launched by Frates Re since January 1, 2015.

“All three programs are a tremendous addition to what has already been a highly successful year for us,” said Desmond Bohan, Senior Vice President of Programs at Frates Re. “We believe we have built a very good record of trust with insurance carriers doing program business, which allows us to get the more difficult and niche programs done.”

Frates Reinsurance Intermediary’s existing portfolio of MGA-driven business includes programs for Habitational and Commercial Properties, Insurance Agents E&O, Nursing Home Workers Compensation, Texas Non-Subscribers, Hotel and Motel P&C, Yoga Instructors, High Value Personal Property, Multi-Class Workers Compensation and other programs.

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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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