Counterpart adds General Liability coverage

Insurance startup Counterpart announced the addition of General Liability insurance to its Miscellaneous Professional Liability product line. This new offering provides small businesses access to expanded coverage through Counterpart’s network of wholesale broker partners.

Backed by A rated carrier Aspen, Counterpart’s GL product features ISO-based wording and offers limits of up to $1M occurrence / $2M aggregate including Products and Completed Operations, with separate limits for both Professional Liability and General Liability. .

“General Liability is a critical coverage for small business owners and has been the most demanded addition to our PL product line from our brokers. The ability to package GL with MPL simplifies the process for brokers and provides insureds with the advantage of having one carrier handle claims for both lines.” – Mike Muglia, Professional Liability Insurance Lead at Counterpart.

“We’re a big supporter of Counterpart and value their data-driven approach to underwriting. We’re excited to back them as they expand their MPL offerings through innovative and cutting-edge solutions.” – Matt Price, Senior Vice President, Professional Liability at Aspen.