Insurtech managing general agent Counterpart Inc. said Wednesday it has partnered with insurer Westfield Specialty to launch an admitted management liability policy for nonprofits and small- to medium-sized businesses.
Up to $5 million in limits is available, and coverage is already available in 35 states, Los Angeles-based Counterpart said in a statement.
The MGA, which was launched in 2019, offers various coverages to businesses with less than $350 million in revenue or fewer than 500 employees.