Verist Inc. Strengthens Platform With Expanded Umbrella and Excess Liability Insurance Solutions Across Real Estate, Hospitality and Leisure, Financial Institutions, Professional Services, and Life Sciences

Core Insights - Verist Inc. is expanding its insurance platform with enhanced underwriting capabilities and increased Umbrella and Excess (XS) liability capacity, focusing on middle market and large account commercial business [1][5] - The company serves complex business risks across various sectors, including real estate, hospitality, financial institutions, professional services, and life sciences [2][5] Company Overview - Verist operates as a Managing General Underwriter (MGU), providing tailored insurance programs that address unique risk profiles and operational complexities of different industries [2] - The company writes core commercial insurance lines such as General Liability, Workers' Compensation, Commercial Auto, and Property, offering comprehensive risk transfer solutions [3] Service Model - Verist employs a white-glove service model that delivers personalized client experiences, combining responsive service with strategic risk guidance and underwriting excellence [4] - This approach aims to help commercial clients secure appropriate coverage in a challenging market while ensuring long-term program stability [4] Leadership Perspective - The CEO of Verist, Michael Chang, emphasized the company's commitment to innovation and its focus on expanding capacity, underwriting expertise, and product development to assist clients in navigating complex risk environments [5]