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News from Specialty Program Group LLC, Assurant Inc., Capsicum Re and more. (Photo; Thinkstock)

Specialty Program Group LLC has launched Flagship Marine Underwriters, a best-in-class yacht and charter recreational marine underwriting facility. Based in Fort Lauderdale, Florida, Flagship specializes in global underwriting facilities for yacht, luxury yachts and the charter yacht industry.

Assurant Inc. has expanded its SureDeposit product to commercial property owners, management companies and their tenants. Previously only available in the residential market, Sure Deposit now enables commercial property managers to offer a surety bond payment as an alternative to a security deposit.

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Denny Jacob

Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected]

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