Stratus Risk Underwriters Introduces Texas Airport Property and Hangar Insurance Product with Clear Blue Specialty Insurance Company
Aug 30, 2017, 09:47 ET
OLDSMAR, Fla., Aug. 30, 2017 /PRNewswire/ -- Stratus Risk Underwriters is pleased to introduce a new product for airport property and hangar owners and lessors in Texas in conjunction with AM Best A- rated carrier Clear Blue Specialty Insurance Company.
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"Texas property is exposed to wind and hail losses in the spring and hurricanes in the summer and fall. Insurance companies have to balance their aviation policies with policies for other businesses to avoid concentrating their exposure to any one loss. The Stratus Airport Property and Hangar Program has capacity specifically reserved for aviation insurance customers so they don't have to compete with other consumers to secure coverage at competitive pricing levels," according to Doug Gaudet, President and CEO of Stratus Risk Underwriters, Inc.
The management team at Stratus has extensive insurance company and agency experience. The company founders have held numerous President and CEO positions at large regional and national insurance companies and insurance agencies. The management team knows and values the importance of financial stability and long-term commitment to its customer base. Stratus chose Clear Blue as its insurance company partner based upon its affirmation of long-term commitment.
Clear Blue Insurance Group has a pooled surplus of more than $64 million, and is backed by a $250 million equity line from Pine Brook Partners, an investment firm that manages more than $6.0 billion of limited partner commitments that makes "business building" and other equity investments.
For more information on the Stratus Airport Property and Hangar Product, please visit our website at www.StratusRisk.com or contact a Marketing Representative by email at [email protected] or via phone at 727-781-3920.
About Stratus Risk Underwriters:
Stratus Risk Underwriters is a full service MGA. We represent our companies in all facets of the insurance transactions including agent relations, underwriting, policy administration and claims. Our commitment to our agents and policyholders is service second to none.
SOURCE Stratus Risk Underwriters
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