In late August, we announced the acquisition of Fulcrum Insurance Programs by Distinguished Programs and the formation of a new company to be rebranded asDistinguished Specialty. Over the years, together with your continued support, we have developed and expanded our programs and services in the niche markets we serve. We want to thank you for being a part of our growth and success, and look forward to continuing to deliver the sound insurance solutions you have come to expect from us. With our two companies joining forces, the opportunities are tremendous in the hospitality, real estate, and habitational segments.
Distinguished Programs is a leading national insurance program manager specializing in niche products for select industries. One of their businesses includes National Specialty Underwriters (“NSU”), a national program administrator also focused on real estate and hospitality, allowing us to expand our footprint to include a wider range of risks. Together, as Distinguished Specialty we will deliver even greater value to you – the agents and brokers with whom we partner.
You will continue to have access to each of our products in the segments in which we specialize. As a combined entity, we will also be offering the largest umbrella program for hotels. Our AGPOM program will be available to more insureds, helping them with their sustainability efforts.