Fundamental Underwriters, a specialty managing general underwriter with expertise in mid-market trucking insurance, has formed a partnership with Snapsheet, a pioneer in virtual appraisals, to utilize its appraisal services, the company announced in a press release.
As a division of AF Group, collectively one of the nation's largest writers of specialty insurance, Fundamental Underwriters provides mid-market trucking insurance solutions.
“Fundamental Underwriters continues to adopt innovative technologies to deliver superior services to our customers,” Abel Travis, vice president of Fundamental Underwriters, said in the release. “Adding Snapsheet’s virtual claims handling capabilities will speed up the claims process and ensure that our customers can more rapidly repair their vehicles to bring them back onto the road.”
Fundamental Underwriters expanded its mid-market commercial trucking insurance product offerings into nine additional states including Idaho, Montana, Utah, Arizona, North Dakota, South Dakota, West Virginia, Mississippi and Delaware. The move expanded Fundamental Underwriter’s footprint to 27 states throughout the U.S.
“The specialty vehicle appraisal market is a really exciting space for us and we're seeing exponential growth in all areas, from long haul trucking, mid-mile and delivery, to personal lines like motorcycles and RVs,” Andy Cohen, chief operating officer of Snapsheet, said. “We are thrilled to partner with Fundamental Underwriters and look forward to helping them expand and deliver exceptional specialty insurance services to their customers through our virtual appraisal expertise which can support any type of vehicle, anywhere, and with seamless integration.”