SALT LAKE CITY & CHICAGO–Prime Holdings Insurance Services, Inc. (“Prime Holdings”) announced that its subsidiary, Prime Insurance Company (“Prime”), recently received approval to write specialty lines insurance coverage in New Hampshire and Rhode Island.
“We are thrilled to have received authorization to conduct business in the states of New Hampshire and Rhode Island. This is a further indication of how Prime is working diligently with the insurance departments, producers, and insureds to provide a stable E&S marketplace all across the United States,” said Rick J. Lindsey, President, Chairman, and CEO of Prime Insurance Company.
Prime provides excess and surplus lines property and casualty insurance options for specialty, general liability, multi-peril, property, commercial auto, garage services, health care services, professional liability insurance and more. Prime writes non-standard, specialty risks and has an A.M. Best Credit Rating of “A” (Excellent).
Prime Holdings is an insurance holding company for an integrated group of property and casualty, excess and surplus lines service organizations. These organizations offer underwriting, risk management, and claims services to producers and insureds in 50 U.S. states, the U.S. Virgin Islands, and other territories. Prime Holdings wrote more than $52.8 million in gross premiums in 2016. Prime maintains offices in Chicago, Salt Lake City, and Naples, Florida. Prime Holdings has formed strategic business relationships with some of the world’s most powerful insurance companies, including Lloyd’s of London, TransRe, Gen Re and RLI.
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