Fortegra Specialty Insurance Company: Providing Customized Solutions for Businesses in the US

Fortegra Specialty Insurance Company (FSIC) is a subsidiary of Tiptree Inc. and headquartered in Jacksonville, Florida. The company specializes in providing insurance solutions to businesses and individuals across the United States. With a flexible approach to underwriting and risk management, Fortegra has become a trusted partner for companies looking for unique insurance solutions.

The History of Fortegra Specialty Insurance Company

Fortegra Specialty Insurance Company was founded in 1983 as Life of the South. The company focused on providing credit-related insurance products to financial institutions. Over time, it expanded its offerings to include insurance products for other industries, such as automotive, telecommunications, and retail. In 2010, Life of the South was acquired by Tiptree Inc. and rebranded as Fortegra Specialty Insurance Company.

Today, Fortegra’s portfolio includes a range of products and services designed to meet the unique needs of businesses in different industries. The company’s innovative approach to risk management and underwriting has helped it establish a strong foothold in the competitive insurance industry.

Fortegra’s Products and Services

Fortegra offers a range of insurance products and services to businesses in different industries. These include:

Product/Service
Description
Property and Casualty Insurance
Provides coverage for damage to property and liability for injuries or damage caused by the insured.
Commercial Auto Insurance
Provides coverage for vehicles used for business purposes.
Employment Practices Liability Insurance
Provides coverage for claims related to employment practices, such as discrimination or wrongful termination.
Errors and Omissions Insurance
Provides coverage for claims related to professional services, such as legal or financial advice.
Cyber Liability Insurance
Provides coverage for damages or losses caused by data breaches or cyberattacks.

In addition to these products, Fortegra offers customized insurance solutions tailored to the specific needs of its clients. Its team of underwriters works closely with businesses to identify risks and develop insurance programs that provide comprehensive coverage.

Fortegra’s Approach to Underwriting and Risk Management

Fortegra’s approach to underwriting and risk management is based on flexibility and innovation. The company’s underwriters are trained to look beyond traditional risk factors and consider a range of factors that may impact a business’s operations and financial stability. This allows Fortegra to develop insurance programs that provide comprehensive coverage and protect businesses from risks that may not be covered by standard insurance policies.

Fortegra also utilizes advanced technology and data analytics to assess risk and identify potential areas of exposure. This allows the company to provide clients with real-time insights into their risk profile and make informed decisions about risk management strategies.

FAQs About Fortegra Specialty Insurance Company

What types of businesses does Fortegra work with?

Fortegra works with businesses of all sizes and across a range of industries. Its customizable insurance solutions are designed to meet the unique needs of each client.

How does Fortegra determine insurance premiums?

Fortegra’s underwriters consider a range of factors when determining insurance premiums, including the client’s industry, risk profile, and claims history. The company’s flexible approach to underwriting allows it to develop customized insurance programs that fit each client’s needs and budget.

What sets Fortegra apart from other insurance providers?

Fortegra’s innovative approach to underwriting and risk management, combined with its commitment to providing customized insurance solutions, sets it apart from other insurance providers. The company’s team of experienced underwriters and advanced technology allow it to develop insurance programs that provide comprehensive coverage and protect businesses from a wide range of risks.

How can businesses get started with Fortegra?

Businesses interested in learning more about Fortegra’s insurance solutions can visit the company’s website or contact its sales team directly. Fortegra’s underwriters will work closely with each client to identify their unique insurance needs and develop a customized insurance program that meets those needs.

What is Fortegra’s claims process like?

Fortegra’s claims process is designed to be fast and efficient, with a focus on resolving claims as quickly as possible. Clients can report claims online or by phone, and Fortegra’s claims team will work to investigate the claim and provide a resolution within a timely manner.

Overall, Fortegra Specialty Insurance Company is a trusted partner for businesses looking for innovative insurance solutions. Its flexible approach to underwriting and risk management, combined with its commitment to providing customized insurance programs, make it a valuable resource for companies across a range of industries.