May 27, 2015 – Newtown, Pa. – V3 Insurance Partners LLC today announced it has launched V3 CAPP+, a new package program for condominium & homeowner associations, cooperative apartments and office condominium associations.
V3 CAPP+ is backed by Hiscox Insurance Company, Inc., rated A (Excellent) by A.M. Best Company. The multi‐line policy is designed to cover the needs of community associations, insuring the property, crime, general liability and directors and officers needs of targeted community association clients.
“The real value in the program is the package approach, which makes it easy for the board of the community associations to buy one policy that addresses all of the typical exposures they encounter,” said Susan Rivera, V3 President and CEO.
According to Jason Holmes, V3 Chief Partnership Officer, the V3 form is enhanced to include key property sub‐limits addressing community association exposures, such as machinery and equipment breakdown, employee dishonesty, landscaping and elevator collision. “Our D&O section includes enhancements for Crisis Management Expense and Privacy Event Protection to address these emerging risks,” he said.
With limits available up to $50 million, V3 will launch the program initially in the following states: AZ, CA, CO, CT, GA, IL, IN, MA, MI, MN, NJ, NY, NV, OH, OR, PA, TN, UT, VA and WA.
For additional information on this product, please contact Jason Holmes at 215‐600‐ 0745 or firstname.lastname@example.org.
About V3 Insurance Partners LLC
V3 Insurance Partners LLC (www.V3ins.com) is a Newtown, Pa.‐based Specialty Program Administrator offering insurance programs targeted at middle market companies. Its four major practice groups are Internet Workers’ Compensation, Transportation, Professional Lines and Property/Casualty, each managed by industry leaders chosen for their talent, expertise and integrity. V3’s focus is creating value for its carrier partners, producers and insureds.