Diamond Head Specialty Underwriting, a program administrator that provides tailored executive liability coverage for small businesses and executives, launched Wednesday.
The non-admitted coverage, backed by capacity rated A-, offers directors and officers liability, employment practices liability, fiduciary liability and fidelity/crime insurance to private companies with less than $5 million in annual revenue and fewer than 50 employees.
Limits of up to $2 million are available in all 50 states.
Diamond Head, based in Alpharetta, Georgia, is led by CEO Bryant Baloloy and is backed by Mission, a technology-focused program administrator.