CrossCover Insurance Services Company Research Report
Company Overview
- Name: CrossCover Insurance Services
- Mission: To provide full limits E&S property coverage for middle-market insureds through a panel of highly rated ‘A’ carriers.
- Founded: No information is available regarding the exact date of foundation.
- Founder(s): The structure was brainstormed by four founders with CEO Scott Hanson initially in the “Barn” of the CEO.
- Key People:
- Scott Hanson, President & CEO
- Paul Kopecky, Chief Operations Officer
- Dean LaPierre, Chief Underwriting Officer
- Sam McBirney, Director of General Property Division
- Nick Crowder, Director of Specialty Division
- Mason Rudloff, Director of Technology
- David Lewis, Director of Business Development
- Wes Hickman, Director of RealTime
- Oscar Garcia, Director of Production Support
- Headquarters: No specific information available, references to offices in Cypress, Chicago, and Boston.
- Number of Employees: No information is available.
- Revenue: No information is available.
- Company Specialization: CrossCover is known for providing non-admitted property coverage for commercial properties across the United States, reducing carrier reinsurance costs and volatility to catastrophes.
Products
- Product Offering: CrossCover provides E&S property coverage.
- High-Level Description: The company offers commercial Excess & Surplus insurance coverage through multiple A.M. Best-Rated carriers.
- Key Features:
- Capacity of $50,000,000 per location up to $125,000,000 on an account basis in Tier 1 or $500,000,000 elsewhere.
- Partnership with strong, like-minded carriers focused on underwriting skills.
Recent Developments
- Recent Developments:
- April 2024: Recruited BHSI’s global property CUO, Dean LaPierre, as part of their management expansion.
- January 2024: In 2023, CrossCover purchased the company back, added multiple carriers to its panel, and was awarded Coverholder status.
- October 2023: Continued growth with the addition of several talented underwriters and support staff.
- New Products Launched: No specific information is available on new products.
- New Features Added: No specific information is available regarding new features.
- New Partnerships: Strengthened partnerships through the addition of carriers to their panel, no specific new partnerships mentioned.
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This report is solely based on the provided data about CrossCover Insurance Services and the fields with no specific details have been marked as “No information is available”.
