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Program Brokerage Corporation Announces New National Pest Control Program Underwritten by ProSight

09/20/2016

Leading wholesale insurance brokerage launches enhancedpest control industry program

New York, NY, September 14, 2016 – Program BrokerageCorporation (PBC), a leading wholesale insurance brokerage firm announced thelaunch of a new pest control program underwritten by ProSight. Through itsWeisburger division, PBC has been one of the largest providers of insuranceproducts and services to the pest control industry since 1934 and is theofficial endorsed broker of the National Pest Management Association (NPMA).

Thespecialized insurance solution will include general liability, property, inlandmarine and crime coverages. Endorsements protecting against client loss ofincome, professional liability and chemical exposure will also be offered. Theprogram’s leading-edge options for additional coverages, exclusive products,services and special offerings include:

  • ·        Client Loss of Income Coverage: Protection in theevent that a client’s business becomes uninhabitable due to pest infestation.Any income lost during days the property cannot be used to operate business isincluded.
  • ·        Professional Liability coverage: E&O coverage tohelp safeguard against a situation where employees make a mistake and overlookan infestation or issue during inspection.
  • ·        Electronic Data Liability: Covers loss of electronic data whether or not there is tangible propertydamage, including unintentional damage to underground cabling or accidentalwater damage to electronics.
  • ·        Data Compromise Coverage: Designed to help manage fall out, comply with legal notifications andhandle PR in the wake of a breach.
  • ·        Chemical Exposure Coverage: Protection whensomeone becomes sick or is harmed from pollution caused by chemicals sprayed.

“Withmore than 5,000 active accounts, PBC is one of the largest providers ofinsurance products and services to the pest control industry nationwide, makingus an ideal partner for ProSight to launch such a program,” said Scott Bell,Senior Vice President of Programs for Program Brokerage Corporation. “Betweenour industry acumen and ProSight’s continued pursuit of insurance innovation,we’re undoubtedly positioned for success—delivering a new pest control programthat is sure to be a game-changer for full-time structural pest controloperators.”

“Thereare a number of inherent risks in the work performed by pest control operators—fromthe complexities of inspecting new properties, to the hazards of working withchemicals on the job,” added Jake Morin, Program Executive in ProSight’sBuilding and Building Services niche. “ProSight delivers targeted solutions toaddress these unique risks. We look forward to partnering with PBC’s WeisburgerDivision to provide specialized and differentiated insurance solutions to helpminimize exposures for the Pest Control industry.”

 About Program Brokerage Corporation

Headquartered in New York, Program BrokerageCorporation (PBC) is a leading wholesale operation known for their wide rangeof offerings including niche programs, general wholesale, professionalliability and environmental capabilities, which have helped it become one ofthe nation’s largest MGAs. For more information, visit www.programbrokerage.com.

About ProSight Specialty Insurance

ProSight Specialty Insurance was founded byindustry veteran CEO Joe Beneducci, with the explicit purpose of introducinginnovation to the commercial property and casualty insurance market. ProSight designs solutions that help solve customers’ problems, soeach solution is targeted to enhance customers’ operating performance. ProSightfocuses on select niche industries, deploying differentiated underwriting andclaims expertise, and then works exclusively with specialized distributors todeliver value.  ProSight is fueled by a cultural desire to succeed atuncommon challenges, making the business performance of its customers a toppriority.  The underwriting members of the ProSight Specialty Insurance(ProSight) group of companies are rated “A” (Excellent) by A.M. Best. ProSight also operates Syndicate 1110 at Lloyd's of London, which israted “A+” (Strong) by Standard & Poor’s. Based in Morristown, NJ,ProSight has regional offices in Los Angeles, CA, Santa Rosa, CA, New York, NY,and London, England.  More information about ProSight and its memberinsurers can be found at www.prosightspecialty.com.

 

Media Contacts:

Cara Siegel
Program Brokerage Corporation
csiegel@programbrokerage.com
516-677-4992

 Katie LeChase

Havas Formula
prosight@havasformula.com
212-219-0321

 


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