Liberty International Underwriters Joins Forces with Huntersure
Liberty International Underwriters (LIU) reported that it has teamed with Huntersure, a program administrator, to provide Transactional Liability insurance.
According to a media release, this program will offer coverages in Representations and Warranties, Tax Liability (including Tax Opinion and Tax Credit) and Contingent Liability.
Underwritten by Huntersure and backed by the financial strength and stability of Liberty Mutual, this coverage is tailored to protect and bridge critical gaps in contracts between buyers and sellers in the M&A market valued last year at a record-breaking $4.7 trillion with more than 40,000 transactions announced as well as help eliminate the need for escrow and make it easier for deals to get approved.
"Huntersure is positioning itself to be a leader in the transactional liability market. Their experience with large law and accounting firms gives them unique insight into financial and due diligence exposures and makes them an excellent partner for us in this space," said LIU Executive Vice President of U.S. Specialty Casualty, Carl Pursiano.
LIU's Transactional Liability product will provide up to $25 million in limits, giving brokers and agents a strong, financially stable option to help their clients get the insurance coverage they need.
"Liberty's financial strength and solid ratings combined with the company's focus on developing and supporting long-term relationships with MGAs make them an ideal insurance carrier for this continually expanding yet underserved market," said Huntersure Chairman Dennis Mullins.
Liberty Mutual Insurance helps people preserve and protect what they earn, build, own and cherish.
Part of Liberty Mutual Insurance, Liberty International Underwriters (LIU) distributes global specialty lines products and services exclusively through the independent broker network worldwide to insure specialized risk in most countries in the world.
Huntersure is a full-service Managing General Agency (MGA) whose business focus is insurance program administration for professional liability products on behalf of a number of top-tier U.S.-based insurance companies as well as Lloyd's of London Underwriters.
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THE DAILY VIEW
Tea Forté Introduces ‘Matcha’ Collection
Convenience meets tradition in Tea Forté’s new Ceremonial Matcha Bowl Set and the Matcha Single Steeps.
The company said its spring harvested, shade grown, stone ground, organic matcha tea is best served in a centuries-old Japanese tea ceremony called chanoyu: a preparation technique known for its centering meditative qualities.
"The launch of Tea Forté's Matcha collection represents our continued commitment to wellness and cultivating all the potential mental and physical health benefits of tea," says Tea Forté CEO Michael Gebrael. "In addition to our high quality Pure Matcha, we've also blended four distinct flavored Matcha varieties. Prepackaged in pouches measured out for a single serving, our Single Steeps Matcha is ideal for the office, travel, or to keep with you for a boost anytime."
Tea Forté noted its handcrafted ceremonial tea bowl, handmade bamboo whisk and measuring ladle “encourages serene enjoyment of our premium Kosher, gluten-free and vegan matcha blends.” These include: Pure Matcha, Chocolate Matcha, Coconut Matcha, Ginger Matcha, and Chai Matcha.
According to a release, in addition to its distinctive taste, matcha is prized for its health benefits. Steeped green tea contains only the antioxidants that can be extracted in water, while with matcha, the whole leaf is consumed.
Available now in select stores and online at teaforte.com.
Expedia.com has released a year-end look at U.S. traveler behavior and trends for 2017, analyzing data to identify the most in-demand destinations, hotels, activities and more.
Among other insights, the roundup revealed:
- Labor Day was the busiest weekend for car rental
- Disney Theme Parks topped the list of things to do
- The average hotel stay was two nights
- Top destinations based on 2017 air travel included major global cities like New York, London and Bangkok
- Popular tourist destinations included Orlando, Cancun and Las Vegas