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Paramount General Agency Launches Online Insurance Platform for Commercial Transportation & Construction Markets

Paramount General Agency Launches Online Insurance Platform for Commercial Transportation & Construction Markets

Proprietary Platform Provides Exclusive & Wholesale Programs for Brokers & Carriers

Paramount General Agency (“Paramount” or “The Company”), a licensed Program Administrator with a focus on the long haul trucking industry, announced that it has launched an online platform offering a robust multi-line suite of insurance products for its broker and carrier clients. Paramount is a subsidiary of Integrated Specialty Coverages, LLC (ISC), a Program Administrator that builds end-to-end insurance products utilizing artificial intelligence (AI) technology and data analytics.

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Paramount provides commercial auto liability, cargo, and physical damage coverage as well as general liability, wholesale markets and premium financing to trucking businesses in Texas. The Company’s online platform utilizes proprietary AI technology and data analytics coupled with a superior user experience, that allows brokers to quote and bind insurance for their clients within minutes.

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In addition to its wholesale insurance programs comprising PD & Cargo, Trailer Interchange, Commercial Auto and Non-trucking Liability (Bobtail), Paramount’s online platform also features two recently introduced exclusive programs that include auto liability catered to trucking and transportation companies hauling NAFTA-related goods to and from the trade zones, and a domestic liability program for trucking and transportation companies hauling goods for hire within a long haul, intermediate or local radius.

“We are pleased to introduce our proprietary online platform into the broader Trucking and Contractor insurance space,” said Matt Grossberg, Founder and Chief Executive Officer of ISC. “By utilizing a robust library of data, combined with state-of-the-art AI technology, Paramount provides brokers and their clients with access to superior coverage, competitive commissions and flexible financing across both mainstream and niche coverages.”

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