WOODBRIDGE, N.J., Jan. 19, 2023 /PRNewswire/ — NIP Group, a specialised enterprise insurance coverage and danger administration middleman, in the present day introduced the launch of AsphaltPro® in collaboration with the California Asphalt Pavement Affiliation (CalAPA).
In California, asphalt covers about 95% of paved surfaces within the state and has turn out to be the pavement of selection for private and non-private house owners. The paving business’s work sustaining the state’s roadways and parking tons is crucial to California’s financial system. However development has a few of the highest annual danger of any business merely attributable to its advanced nature.
With greater than 30 years of expertise within the business, NIP Group understands the distinctive insurance coverage protection wants of paving companies, and that is why they’re trusted by CalAPA.
“We could not be extra thrilled to collaborate with such a revered affiliation and convey this specialised insurance coverage program to their members,” mentioned Tom Doherty, SVP of Specialty Packages for NIP Group. “The paving business has distinctive protection wants and we’re honored that CalAPA trusts us to guard their members’ companies.”
AsphaltPro is a complete insurance coverage program providing coverages tailor-made particularly to the paving business and aggressive pricing for companies of all sizes. It’s accessible solely to CalAPA members, and the coverage consists of membership for brand new/renewing members.
“As the one statewide affiliation in California that focuses solely on asphalt pavements, CalAPA is happy to enter into this collaboration with NIP Group,” mentioned CalAPA Speedy Previous Chairman Scott Fraser. “Like CalAPA, NIP Group understands the distinctive challenges confronted by asphalt paving corporations and what it takes to succeed. This collaboration may be very complementary and leverages the experience of all events.”
About NIP Group
NIP Group is a market-leading specialty insurance coverage program supervisor that has been providing distinctive industrial insurance coverage options and danger providers for area of interest industries for 30+ years. We assist purchasers acquire management over their prices, safe custom-made protection, and create safer work environments. Study extra about our wide selection of brokerage, underwriting, and danger administration providers at NIPGroup.com.
About CalAPA
The California Asphalt Pavement Affiliation (CalAPA) is a nonprofit commerce affiliation representing the asphalt pavement business in California. Members of the affiliation embody asphalt producers, refiners, paving contractors, suppliers, engineering corporations, testing labs, tools manufacturing corporations, and others. CalAPA is the one statewide development commerce affiliation focusing solely on asphalt pavements. Go to calapa.internet.
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SOURCE NIP Group, Inc.