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Digital Wholesaler Pathpoint Adds Contractor Liability Markets

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Digital Wholesaler Pathpoint Adds Contractor Liability Markets

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Digital wholesaler broker Pathpoint reported it now has a new general liability submission and instant quoting service for contractor segments, with participation from leading contractor excess and surplus markets.

Contractor-specific coverages available through Pathpoint’s web-based platform include builders, construction, carpentry, electrical work, handy people, janitors, landscapers, painters, plumbers, roofers and subcontractors.

Pathpoint provides agents access to both binding and brokerage offerings off a single digital submission. The Pathpoint site handles all the integrations and carrier applications in the background.

Agents can access all of these products at no cost, and with no software to download.

“Pathpoint takes a process that has traditionally taken hours, days, even weeks down to a process requiring only a few minutes,” according to Bobby Touran, co-founder and CEO of Pathpoint.

“With the hardening insurance market for contractors and the healthy demand for contractors, the E&S market does what it does best and creates space for those risks,” said Touran.

Pathpoint, which launched last October, serves as the surplus lines agent and handling all servicing and compliance on the back-end. In January, it began offering cyber insurance quotes.

Pathpoint is licensed across the U.S. and is a coverholder at Lloyd’s of London. It distributes admitted and non-admitted products across multiple lines of business to U.S.-based retail agents.

Source: Pathpoint

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