Introducing Our New Program Through Topa Insurance Company
At Swyfft, we’re constantly evolving to ensure we bring agents and customers the best solutions to our industry’s ever-changing market. And with that, comes a transition for our Homeowners Surplus Lines product from Clear Blue Specialty over to Topa Insurance Company, which we’re happy to let you know is authorized in 23 states and has been in business since 1984.
This Means:
In adherence to the mandatory 45 day advanced notice requirement, Swyfft will soon begin automatically replacing all CBS policies through Topa Insurance Company for the following:
- Renewals effective after 5/1/2023
- All new business starting on 5/1/2023
It’s Swyfft. So you know we’ve made the process easy.
What to Expect:
No action is required from you. We’ll be taking care of the transition behind the scenes.
Upon your customers CBS policy expiration:
- Your policy holder will be mailed a notice of the nonrenewal.
- You and your policy holder will receive an email with their Topa replacement policy and invoice attached.
That’s it. No shopping around and no new UW rules.
The Benefits:
- Our underwriting guidelines remain unchanged in the Topa program compared to the CBS program. Refer to our Quick Guides page on the ARC to learn more.
- There is no change to our claims handling. Meaning the process will stay the same for Topa as it was under CBS.
- Topa has a strong reinsurance program – which is placed with highly rated reinsurers throughout the world.
The future is bright. Stand by for even more exciting news to come. For any questions, please contact us at [email protected].
– Team Swyfft