MSI Launches Commercial General Liability Insurance for Habitational Property Owners to Protect Against Emerging Risks in a Challenging Market | BWIN Stock News

• MSI has launched a new commercial general liability (CGL) insurance solution for habitational property owners.
• The offering addresses rising risk exposures and premium costs in the market.
• MSI is supported by an A.M. Best A+ rated insurance company for this new product.

MSI™, a leading managing general agency (MGA) in the U.S., announced the launch of its commercial general liability (CGL) insurance product designed for habitational property owners. This new product responds to the challenges these owners face due to increasing claims costs, evolving litigation trends, and rising premium prices.

Rajiv Matta, Chief Innovation Officer of MGA Programs at MSI, highlighted that this CGL solution provides robust and flexible coverage, ensuring customers can protect their investments amidst the unpredictable market landscape. MSI’s new offering targets a variety of residential properties, including apartments, condominiums, and townhomes.

This CGL solution is the latest in MSI’s diverse portfolio of over 20 insurance products. The company is recognized for crafting specialized solutions that cater to unique business and individual needs, by leveraging access to insurer and reinsurer risk capacity.

Angela Adams, Business Line Leader, Casualty at MSI, emphasized, “At MSI, we are committed to building insurance better and delivering solutions that help our customers navigate risk with confidence. Our new commercial general liability product reflects this commitment by offering protection that truly makes a difference.”

For more details about this offering and MSI’s other products, interested parties are encouraged to visit MSI’s official website. MSI operates as an indirect subsidiary of The Baldwin Insurance Group, Inc. (NASDAQ: BWIN), a prominent entity in the insurance distribution sector.