Pathpoint, the digital wholesaler that streamlines placing small commercial E&S for insurance agents, announced that it has collaborated with insurance provider Markel. The collaboration will expand Pathpoint’s ability to help agents and brokers quickly and efficiently quote and bind E&S business with A-rated carriers.
Markel’s insurance companies, which are rated A+ by A.M. Best*, focus on small to medium Property and Casualty risks for both admitted and non-admitted markets, making it a good fit for Pathpoint’s client base. Markel’s first products available on Pathpoint are within the Vacant Buildings & Land and contractors General Liability verticals, and is slated for launch in Q3, 2022.
“This collaboration with Markel, a trusted name in E&S for decades, enables agents and brokers to quickly access more supply and product options via Pathpoint,” said Alex Bargmann, Pathpoint’s CEO. “We’re honored to add Markel to the list of insurance providers who share our belief that new E&S distribution technology can dramatically improve the process of procuring E&S insurance for both the agency and the carrier.”
“We continue to look for ways to best use technology to serve our customers. Ease of placing business is paramount in the small commercial space and Pathpoint's technology makes placing E&S business easier than ever,” said Mark Schauss, Managing Director of Binding Authority at Markel.
Founded in 2017, Pathpoint is the first digital specialty wholesale broker to create a comprehensive solution to the often complex and time-consuming process of placing small commercial E&S accounts. By combining world-class technology and first-class service to digitize underwriting and offer agents bindable quotes from multiple, best-in-class small commercial E&S carriers in minutes, Pathpoint simplifies an often frustrating and complicated process for agents.
PathPay is a digital payment experience for E&S insurance that gives agencies both Insured bill and Agency bill options.
Underinsured business owners face significant financial risk. Learn how a property catastrophe insurance review can help.