New Belgium office doubles
down on company's European commitment
JACKSONVILLE, Fla.,
June 11, 2024 /PRNewswire/ --
The Fortegra Group, Inc. ("Fortegra" or the "Company"), a
multinational specialty insurer and subsidiary of Tiptree Inc.
(NASDAQ: TIPT), today announced its approval to operate in
Belgium and the European Union.
Fortegra Belgium Insurance Company, NV will be based in
Brussels and will underwrite
specialty lines of business. Fortegra Europe Insurance Company,
Fortegra's Malta company, will
continue its focus on warranty products.
Fortegra's Belgium operations
offer the Company access to strategic distribution channels in a
continually evolving market. Fortegra will now be able to
collaborate with European managing general agents (MGAs) that are
experts in their chosen products and sectors, providing these MGAs
with flexible deal structures, partnership transparency, and shared
risk.
"The MGA space across Europe is
vibrant and compelling and provides a tremendous growth
opportunity," said Rick Kahlbaugh,
President and Chief Executive Officer at Fortegra. "We are thrilled
to receive this license, which will allow us to provide innovative
solutions to partners across Europe."
Fortegra, via its subsidiaries, offers a comprehensive portfolio
of specialty insurance products, including property, casualty and
financial lines products, alongside warranty and consumer product
solutions. By leveraging a team of experienced and dedicated
professionals, the Company aims to deliver tailored insurance
solutions that provide peace of mind and financial security to its
clients.
About Fortegra
For more than 45 years, Fortegra, via
its subsidiaries, has underwritten risk management solutions that
help people and businesses succeed in the face of uncertainty. As a
multinational specialty insurer whose insurance subsidiaries have
an A.M. Best Financial Strength Rating of A-
(Excellent)1, we offer a diverse set of admitted and
excess and surplus lines insurance products and warranty solutions.
For more information: www.fortegra.com.
Contact
Media@fortegra.com
1 Fortegra Belgium Insurance Company, NV has not
yet been rated by A.M. Best.
View original
content:https://www.prnewswire.co.uk/news-releases/fortegra-granted-license-to-operate-in-belgium-and-european-union-302168876.html
