This marks the first time Motus has aligned its earthquake “opt-in” program to fire casualty program.
“Our program was built to help individuals fully insure their special assessment exposure from earthquakes when association boards buy partial or no earthquake insurance,” said Dan Wallis, President of Motus.
“Clearly, HUB’s reputation within the market and penetration into the High-Rise market through their CCCASA program and portfolio of business, makes them a perfect partner for our earthquake program. Individuals living in high-rise communities will benefit the most by having access to a custom earthquake program that removes limits and exclusions that had previously restricted unit owner’s ability to properly insure their earthquake exposures.”
“We are thrilled to be aligned with MOTUS as our business model and industry specialty have great synergies,” said Jonathan Naranjo, VP of the Real Estate group at HUB.
“By partnering with HUB/MOTUS, our owners living in these beautiful luxury condominiums now have a strategic partner in helping them procure earthquake coverage that historically has not been readily available, and often times, costly. MOTUS solves this deficit in the marketplace and we are excited to offer this solution as a value-add to the many communities we serve and for our owners looking for earthquake coverage protection.”
Via PR Newswire