PLMR Profile
Palomar Holdings, Inc., an insurance holding company, specializes in providing a diverse range of specialty property insurance solutions for both residential and commercial clients. The company is known for its extensive portfolio of personal and commercial property insurance products, which includes coverage for residential and commercial earthquakes, commercial all-risk policies, specialty homeowners insurance, inland marine, Hawaii hurricane, and residential flood. Palomar also offers unique products such as assumed reinsurance, commercial flood insurance, real estate error and omission coverage, and real estate investor policies.
The company operates through various distribution channels, including retail agents, wholesale brokers, program administrators, and strategic carrier partnerships. This multi-channel approach allows Palomar to effectively reach a broad spectrum of customers and tailor its offerings to meet specific insurance needs. By leveraging its extensive network, Palomar ensures that its specialty insurance products are accessible and well-positioned in the market.
In addition to its core insurance offerings, Palomar Holdings is committed to innovation and the development of tailored insurance solutions. The company continually evaluates emerging risks and market trends to enhance its product suite and address evolving customer needs. This focus on innovation and adaptability supports Palomar’s goal of providing comprehensive and relevant insurance coverage across various sectors.
Founded in 2013 as GC Palomar Holdings and rebranded to Palomar Holdings, Inc., the company is headquartered in La Jolla, California. Palomar has established itself as a key player in the specialty property insurance sector, combining deep industry expertise with a customer-centric approach. Its ongoing commitment to excellence and comprehensive coverage solutions underscores its role as a leading provider in the insurance industry.
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