XL Catlin’s restaurant insurance program partner, ProHost USA, has earned a Best Practice Designation from the Target Markets Program Administrators Association (TMPAA).
“We are proud to see our program partner ProHost officially recognized for its ‘best in class’ operation,” said Chris Bressette, head of XL Catlin’s insurance program business in North America. “When seeking program partners to help meet the insurance needs of niche industries, ‘best in class’ operations and a deep understanding of the industry they serve are exactly what we look for when establishing our program partnerships. During our three-year partnership, we’ve seen how ProHost stands out in the insurance program market. Earning Target Market’s Best Practice Designation verifies what we and our restaurant clients have already experienced.”
“We pride ourselves on our professionalism and we aspire to excel in the program business niche. It’s gratifying to be recognized for our efforts and achievements,” said Heidi Strommen, president of ProHost. “We’re pleased to have met the high professional bar established by Target Markets through the Best Practice Designation”.
A core element of the Target Markets Program Administrators Association’s mission is to promote excellence for this most elite segment of insurance intermediaries, Managing General Agencies/Program Administrators. Target Markets has developed a protocol and criteria to evaluate the program business operations of its members. Participation in a best practice designation program helps program administrators like ProHost review their current level of functioning, look for greater efficiencies in the way they do business, and ultimately be recognized by program business professionals as a best in class operation.
XL Catlin has been a Target Markets carrier member since the organization’s inception in 2001, holding a seat on its Carrier Committee for more five years, helping create a more effective process for program administrators to find a market for their programs and improving the overall program administrator experience.
XL Catlin’s North America Program business teams up with program administrators like ProHost USA to underwrite, market, and administer insurance products targeted at niche markets or classes of business. ProHost provides property, general liability, boiler and machinery, and liquor liability insurance coverages to restaurants ranging from fine dining to casual family dining.
About ProHost USA
ProHost USA, Inc. is an insurance program administrator founded in 1989 and based in Minneapolis, Minnesota. For more than 20 years, ProHost has insured restaurants and related risks working with independent retail insurance agents across the country that recognize the value of their extensive underwriting expertise. To learn more, visit prohostusa.com.
About XL Catlin’s Insurance Operations
XL Catlin insurance companies offer property, casualty, professional, financial lines and specialty insurance products globally. Businesses that are moving the world forward choose XL Catlin as their partner. To learn more, visit xlcatlin.com.
About XL Catlin
XL Catlin is the global brand used by XL Group Ltd (NYSE:XL) insurance and reinsurance companies which provide property, casualty, professional and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises throughout the world. Clients look to XL Catlin for answers to their most complex risks and to help move their world forward. To learn more, visit xlcatlin.com.