ISC launches new Investor Property Insurance Program

ISC (ISC), a Program Administrator that builds end-to-end insurance products utilizing artificial intelligence (AI) technology and analytics, announced the launch of its Investor Property Program. The program will address large complex residential property schedules, providing coverage at competitive terms.

Lead by Gareth Jelley, Senior Vice President of the Property Division, the Investor Property Program will offer A-Rated capacity to write property and liability policies geared toward property owners across the US. It will primarily target one-to-four family dwellings, as well as builder’s risks, condo rentals, risks under renovation, vacant properties, and short terms vacation rentals. The program will provide up to $5 million total insurable value (TIV) for any one location, without limits on the number of locations that can be insured within a single policy and a robust package that insures against a variety of exposures, including dog bite liability and swimming pool liability, theft, water backup and ordinance or law. ISC’s AI-powered bot and rating and online policy management system will drive all property-focused programs, which are customizable across complex property schedules with numerous locations. By leveraging ISC’s complex data integration platform with over 900 data points per location, brokers and agents can receive program quotes in seconds.

“We are pleased to leverage our AI-technology and data capabilities to expand our lines of insurance into new avenues. Gareth has extensive experience with customized property insurance platforms, and we look forward to introducing our solutions to this growing marketplace.” – CEO of Integrated Specialty Coverages, Matt Grossberg.