Amynta Group MGA unit to offer parametric hail insurance for auto dealers

Amynta Group has announced that PDP Group – Amynta’s managing general agency specializing in offering insurance and title administration services to auto dealerships – will be offering a parametric hail insurance program. PDP Group has partnered with Hailsure Underwriting Managers to offer the new insurance program to auto dealers. A release said that Richard Duer, managing member of Hailsure, helped to develop the first parametric hail program in 2019 for auto dealers in Colorado. Starting this year, the parametric program will partner with five leading global insurance carriers, expanding its coverage capacity to all hail prone states. A release said that PDP Group will serve as the exclusive broker in the distribution of the program.