Corgi Insurance Company expands the group’s admitted commercial lines capabilities across small business risks, with eligible policies protected by the state guaranty fund
Corgi Insurance, the AI financial infrastructure company, announced Corgi Insurance Company, Inc., its admitted insurance carrier.
The carrier adds to the structures Corgi already operates across its group, which include risk retention groups, reinsurers, captives, and managing general agencies. Different risks are best placed in different structures, and the admitted carrier broadens the set of tools Corgi can bring to a given account. Policies written on an admitted basis may be eligible for protection from the applicable state guaranty association, subject to statutory limits and exclusions.
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Corgi has filed its first products for the carrier, with planned offerings for industries including:
- Technology companies
- Professional and administrative offices
- Retail stores
- Personal services businesses, including salons, dry cleaners, and repair shops
- Self-storage facilities
- Restaurants
- Wholesalers and distributors
- Condominium and homeowners associations
- Small apartment buildings and residential rental properties
“Corgi is built to be full-stack, and we look forward to expanding what we can write on this paper as we bring more products to market,” said Emily Yuan, Co-Founder and Chief Operating Officer of Corgi.
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