Platinum Specialty Underwriters partners with Everspan Group on new Excess Transportation Program

Platinum Excess Trucking, a division of Platinum Specialty Underwriters , announced a program partnership with Everspan Group , a program insurer rated A- (“Excellent”) by AM Best.  Platinum Excess Trucking is a managing general underwriter (MGU) specializing in excess liability for  trucking and specialty auto accounts.

The Platinum Excess Transportation program offers excess liability coverage, including Auto Liability,  General Liability and Employers’ Liability, with limits up to $5 million for local, intermediate, and long haul trucking operators as well as specialty auto businesses such as waste haulers, petroleum product  haulers, contractors’ fleets, moving and storage, and ready mix, sand and gravel haulers. Coverage is  distributed exclusively through wholesale brokers and is available in all states except Hawaii and Alaska.

Platinum Excess Trucking focuses primarily on smaller to mid-size accounts, up to 150 units, with the  ability to offer capacity for larger accounts within its underwriting guidelines.

“Platinum’s partnership with Everspan has broadened our excess transportation offering to $5M,” said  Karen D’Elia, Senior Vice President of Platinum Excess Transportation. “This program provides our  distribution channel with a more efficient, profitable, and seamless option for their clients on one  policy.”

Everspan Group is a specialty property and casualty insurance platform with both admitted and non admitted insurance carrier subsidiaries.

“Everspan is pleased to partner with Platinum Excess Trucking on this program,” said Steve Dresner,  President of Everspan. “Disciplined underwriting is the cornerstone of Everspan’s business, and  Platinum’s underwriting team has more than 30 years of experience in the trucking industry. So we see  this as a good fit.”