Centauri Insurance acquires renewals in southern states

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Centauri Insurance coverage obtains revivals in southerly states

Applied Underwriters has actually revealed that its subsidiary, Centauri Insurance coverage, has actually gotten the revival civil liberties to regarding 16,700 plans throughout Alabama, Louisiana, and also South Carolina from Gulfstream Residential Property and also Casualty Insurance Provider and also Gulfstream Select Insurer (jointly, “Gulfstream”). The purchase is anticipated to branch out Centauri’s visibility as it broadens.

The revivals are purposefully placed both geographically and also to consist of a mix of business and also individual lines organization, claimed Jamie Sahara, head of state of Applied Underwriters.

Find Out More: Applied Underwriters completes acquisition of Centauri companies

“We are delighted to have completed this transaction, giving Centauri new access points that will deepen our market presence and demonstrate our excellence in service, policy design and claims satisfaction to an increasingly wider audience,” Sahara claimed. “We are confident in the success of the new formula that enables Centauri, with its longstanding market knowledge, to renew these many millions of dollars of Gulfstream premiums working together with Applied’s experienced insurance professionals.”

“We are very pleased that we can enter into this arrangement with Centauri, as it provides our insureds and agency partners the ability to renew their business with a highly respected insurer who will deliver quality service to them,” claimed Ron “Nate” Natherson, head of state of Gulfstream. “To maximize the benefits of this transaction to all parties, we are committed to working in partnership with Centauri to expediently transfer these accounts to Centauri. The work has already begun apace.”

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