Underwriting programs provider Avoca Insurance Holdings announced creation of Manchester Specialty Programs Inc. (MSP), which is designed to offer coverage to specialty industry sectors. Based in Manchester, N.H., Avoca says the subsidiary will provide “specialty commercial property and casualty coverage on an open brokerage basis.”
William Thompson, a former principal of Vermont-based specialty underwriting provider Smith Bell & Thompson Inc., will lead MSP as its president and CEO.
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