Motus Insurance Services Partners With Beazley via BHI Digital, Launching Its Earthquake Product in All 50 States
SAN FRANCISCO, March 1, 2022 /PRNewswire/ —
Motus Insurance Services, LLC has added Beazley PLC via BHI Digital to provide an elective earthquake program for residential and commercial associations. Beazley is a publicly traded company (LSE:BEZ) with over $3 billion in premium and maintains an A rating by AM Best with a stable outlook. Beazley will give residential associations and their individual unit owners access to the leader in catastrophic deductible buydown insurance in the market, adding more flexibility to the Motus product set with a carrier that can properly underwrite this targeted risk.
“This is an important step for Motus and for our clients,” says CEO Dan Wallis. “We can officially write our earthquake program in all 50 states, and adding Beazley as our 4th insurance carrier further validates our unique earthquake insurance program for associations. Each of our carriers takes a different view on earthquake risk, and the addition of Beazley adds additional capabilities to our program. This means we can offer the most competitive pricing to our clients, whether they’re focused on full coverage in the case of a major earthquake, or paying for minor repairs.”
“Motus Insurance Services, in my opinion, is as innovative of a company in the insurance industry as there is today” says Kevin Ware, co-founder of BHI Digital. “Through our partnership with Motus Insurance Services, together we are able to provide lower Earthquake deductibles to individual residential owners in an association than are typically available in the insurance marketplace. Instead of being handcuffed with a massive deductible in the event of a loss and the prospect of potential cash flow issues, unit owners are able to purchase through Motus Insurance Services a lower deductible amount that best fits their desires and needs. The team at Motus Insurance Services is as good as there is and we are glad to be partnering with them not just in California, but now throughout the United States.”
Motus was founded to provide residential association boards and membership with a third option: a custom elective earthquake insurance program that offers individual unit owners the benefits of commercial underwriting and commercial coverages without placing a burden on the association budget. The Motus Opt-in Earthquake Program offers a better option for associations struggling to manage risks within increasingly challenging financial constraints.
For more information, call Motus today at (833) MOTUS-IN / (833) 668-8746, or visit us at www.motusins.com.