Tangram, Markel boost propane insurance program

October 30, 2020 By    

Tangram Insurance Services and Markel Corp. partnered to launch a program aimed to provide excess liability above Tangram’s current propane and fuel distribution program.

Tangram provides insurance solutions for dealers and distributors of fuel oil, propane, diesel and gasoline. With the additional capacity, Tangram’s program can now provide general liability, property, commercial auto, workers’ compensation, environmental liability and excess liability up to $15 million, according to the company.

“Our downstream energy program is our fastest-growing niche,” says Rekha Skantharaja, president and CEO of Tangram. “Tangram’s focus for the past five years has been to provide our specialty brokers with meaningful coverage and services from a single source. With the addition of Markel’s capacity, commitment and experience in the energy space, our brokers and customers have an even more compelling reason to partner with us for the long term.”

With more than two decades of experience, Tangram is a national program manager bringing specialized program capabilities to a variety of industries, including propane and fuel, the company says.

“Tangram provides an excellent underwriting platform for risk analysis, and they have a long history in this insurance space,” says Tim Pasik, managing director of U.S. excess casualty at Markel. “We’re looking forward to building a solid partnership with Tangram in this line of business and sharing in mutual success and profitability.”

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About the Author:

Carly Bemer (McFadden) was the managing editor at LP Gas magazine.

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