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Prime Insurance and WOWS Insurance Forge New Alliance to Tackle High-Risk Property Coverage in California

March 6, 2024, Salt Lake City, UT. Rick J. Lindsey, President and CEO of Prime Insurance Company, is excited to announce a new partnership with Robert Feldman, CEO of WOWS Insurance Services. The collaboration will provide options and solutions for high-risk luxury homes and mid-level properties in California.

Rick J. Lindsey has over 40 years of experience in the Surplus Lines E&S marketplace and is known for his contrarian approach to specialty liability solutions. The company has an AM Best Rating of A (Excellent) and provides options for customized coverage, risk management, and exceptional claims management.

Robert Feldman, CEO of WOWS Insurance Services, provides over 25 years of experience specializing in insurance for fire zones and hard-to-place risks. He shares a similar vision with Lindsey. Additionally, Mr. Feldman is highly respected for their risk mitigation and loss control of high-risk and luxury homes.

The collaboration offers California residents new options and choices for property coverage:

  • Enhanced Coverage Options: Providing a wider range of coverage options tailored to high-value properties in high-risk areas.
  • Risk Mitigation and Loss Control: Evaluating the risk throughout the quoting process.
  • Innovative Solutions: Developing insurance solutions that address evolving challenges in the California property insurance market.
  • Exceptional Claims Handling: Prime’s in-house claims management team guarantees top-tier service.
  • The collaboration between Prime Insurance Company and WOWS Insurance Services is set to make a significant impact on the California insurance market.

Prime Insurance Company and WOWS Insurance Services plan to:

  • Develop New Programs: Introduce tailored insurance programs for high-risk properties, including seasonal treatments and risk management initiatives.
  • Expand Geographic Reach: Extend their services to states facing similar property coverage challenges.
  • Collaborate on Risk Management: Work with high-value homeowners to implement effective risk mitigation strategies.

Rick J. Lindsey and Robert Feldman both express excitement about the partnership, emphasizing the unparalleled solutions they aim to provide for high-risk properties in California. Rick J. Lindsey also highlights their commitment to offer options and solutions that are new to the marketplace.

Media contact: Barbara Malkowski, SVP Marketing, [email protected] For latest ratings visit www.ambest.com

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