Tangram and Co/Action Partner on Program for Franchised Equipment Dealers
March 28 2024 - 11:30AM
Tangram Insurance Services, Inc. (Tangram) and Co/Action Specialty
Insurance Group (Co/Action) are pleased to announce a partnership
which will provide a comprehensive insurance program for franchised
equipment dealers (FEDs).
“The addition of this nationwide, exclusive program
for FEDs is a clear demonstration of Tangram’s and Co/Action’s
continued commitment to providing valuable insurance and risk
management programs to specialty niche markets,” said Tracy
Bernard, SVP of Program Strategy at Tangram.
Through this partnership, Tangram, a managing
general agency (MGA) and national program manager, and Co/Action, a
specialty property and casualty (P&C) insurance company, will
bring to market a commercial package program which provides
insurance and risk management services for all types of FEDs,
including those specializing in construction, agriculture,
forklifts, forestry, and miscellaneous equipment.
Tangram and Co/Action have collaborated in the past
to deliver programs for other specialty niche industries. Tangram's
program management approach combines a competitive insurance
solution with underwriting expertise and consultative risk
management around the niche exposures of the FED space. This new
program will be available nationwide, except in AK, HI and LA, and
is offered exclusively through Tangram.
“Our organization’s decade-plus history with
Tangram writing our Propane & Fuel Dealers business gives us
confidence that they will help drive similar profitable growth for
FEDs,” said Tim Ryan, President at Coaction. “Tangram is a trusted
partner and is emblematic of the kind of differentiated
relationship we seek at Co/Action. We are confident that Tangram
working closely with Erin Cullen, SVP at Co/Action, will continue
to build on our mutual success.”
About Tangram Insurance Services,
Inc. Tangram Insurance Services, Inc. is a MGA and
national program manager bringing in-depth expertise and
specialized program capabilities to a variety of
industries. With 20 years of experience in the program space,
Tangram partners with top insurance companies to deliver niche
insurance solutions. For more information, please
visit tangramins.com.
About Co/Action Specialty Insurance
GroupCo/Action Specialty Insurance Group (Co/Action) is a
privately-owned, specialty P&C insurance company. Co/Action is
a full specialty underwriter across seven (7) major product
verticals: Property, Primary Casualty, Excess Casualty,
Entertainment, Professional Lines, Binding Authority, and Marine,
Energy, & Transportation.
Through these verticals, Co/Action provides a range
of coverages to U.S. customers via both open brokerage and
delegated underwriting authority platforms. Co/Action’s authentic,
collaborative, and results-oriented culture is reflected in the
focused approach the company takes to fulfilling the needs of each
individual customer by combining product, analytics, and
underwriting capabilities with strong industry knowledge and
partnerships to develop real-world solutions. Through data-driven
insights and collaboration with partners, the company coacts with
customers and partners to rationally manage risk so businesses and
communities can build a more ambitious, confident, and sustainable
future. For more information,
visit
https://www.coactionspecialty.com/.
Media Contact:Jennifer
OverhulseSt. Nick Media Services859-803-6597jen@stnickmedia.com