NEW YORK–(BUSINESS WIRE)–Vault, the insurance company created exclusively around the unique and
fast-changing needs of the high net-worth market, announced today that
it has received approvals to underwrite in Connecticut, New Jersey and
Pennsylvania. This adds to their existing operations in Florida and
South Carolina and non-admitted coverage offerings in the U.S.
“We are excited to bring our reimagined, modern approach to the thriving
high net-worth markets in the Northeast,” said Charles Williamson, CEO
of Vault. “The region has long served as a driver of innovation, and
their most successful households deserve creative and flexible solutions
to protect all facets of the lifestyle and serve their coverage needs.”
“Vault truly understands the complex needs and unique challenges of our
clients,” said Stacy Warren, Chief Experience Officer at Vault. “With a
platform centered on simplicity and world-class customer service, we are
eager to offer our modern coverage solutions in this key region.”
Developed to create an effortless client-broker experience, Vault offers
insurance coverage and services for high-value homes, art, jewelry,
cyber and personal excess liability coverage. Its unique business model,
built on agent feedback, delivers these solutions under one seamless
transaction, powered by a web platform that offers quick quote and
binding.
For more information, visit https://vault.insurance.
About Vault
Founded in 2017, Vault is a modern insurance concept built from the
outside in, based on input from leading agents, and brought to life by
an empowered group of extraordinary professionals. The company is a
unique combination of a policyholder-owned reciprocal insurance exchange
and a surplus lines company focused on serving the unique, fast-changing
needs of the affluent. Vault is majority-owned and supported by Allied
World, a global leader in insurance and reinsurance. Allied World
provides significant capital and operational support to Vault. Further
information on Vault’s product offerings and financial ratings are
available at vault.insurance. Vault Reciprocal Exchange is rated A- by
A.M. Best.
Vault: thoughtful, dynamic, simple- built around you.
Vault is the marketing name used to refer to Vault Reciprocal Exchange,
a Florida-domiciled reciprocal insurance exchange managed by Vault Risk
Management Services, LLC as its attorney-in-fact, and its affiliates.
Certain products and services may be provided by its affiliates. Certain
coverage may be provided by an affiliated surplus lines insurer. Not all
products and services may be available in all jurisdictions and the
terms and conditions of all products are subject to the applicable
policy language.
Contacts
Cara Gallagher
[email protected]
(732)
232-5768
