Effective immediately the Express Hotel Program will expand to all states for Franchised and Boutique hotels with “A” Rated insurance carrier, One Beacon. With over 20 years’ experience underwriting limited service hotels, the Express Hotel Program will now competitively offer coverage across all 50 states on an Admitted basis.
NSM Insurance Group, an industry leader in successful niche-market insurance programs, acquired the Express Hotel Program in 2007 and has been growing the company ever since. NSM Insurance Group now looks to capitalize on that success by making the program and admitted products widely available writing with OneBeacon across the country.
A division of NSM Insurance Group, the Express Hotel Program has specialized hotels with coastal and wind exposures. This new product will be capable of providing coverage for all high-quality limited service hotels.
“Our Express Hotel Program is the recognized insurance expert for Franchised and Boutique Hotel in the market we currently serve, and we are extremely excited to move into the Admitted marketplace. We are proud of our products and our exemplary service,” explained Geof McKernan, CEO of NSM Insurance Group.
“We have worked hard with our Agents and Insureds to learn about the Hotel class, and we have a deep understanding of what is important to hotel owners”, says Sohan Patel, Manager of the Express Hotel Program. “We have a great partner in One Beacon and we are very excited about the expansion of our program to all 50 states.”
In addition to the “A” rating by A.M. Best Company, OneBeacon brings financial strength, expertise and a commitment to excellence to the Express Hotel Program.