GenStar Launches STAFFprotect+
STAMFORD, Conn.--( BUSINESS WIRE)--GenStar Insurance Services, LLC (GenStar) announces the launch of STAFFprotect+, a new insurance program for Professional Employment Organizations (PEOs) and Staffing Agencies. This product will be offered through Starfish Specialty Insurance.
New E&S professional employment organization and staffing program delivers Primary and Excess insurance coverage solutions.
Written on an excess and surplus (E&S) basis on General Star Indemnity (GSI) paper, STAFFprotect+ is designed to address the complex risk and coverage needs of staffing-related organizations through a primary package program and with excess capacity. PEOs and staffing agencies operate in a dynamic environment with complex liability exposures. STAFFprotect+ reflects GenStar’s commitment to delivering tailored solutions for specialized industries.
“We are excited to expand our delegated programs portfolio with the launch of STAFFprotect+,” said Matt Brown, Senior Vice President and Delegated Division Manager for GenStar. “Starfish Specialty brings strong program administration capabilities and market insight, and together we believe this offering delivers a competitive, well-structured solution for PEOs and staffing agencies seeking broad, reliable coverage.”
“A comprehensive suite of insurance solutions serving the PEO and staffing industries has been lacking for some time,” said Jeremy Hitzig, CEO of Starfish Specialty Insurance. “The market is ripe for a new entrant, and Starfish is committed to a multi-product vision in this space that delivers differentiated value for our customers. STAFFprotect+ is our second program in this segment, and we couldn’t be more excited to be launching it with GenStar.”
About GenStar:
GenStar Insurance Services, LLC. (CA Producer License # 0B14266) is a premier provider of excess, surplus, and specialty property and casualty insurance, conducting business exclusively through a select group of wholesale brokers. Like GenStar, General Star Indemnity Company is a wholly owned subsidiary of General Reinsurance Corporation, a member of the Berkshire Hathaway Family of Companies. General Star Indemnity Company is licensed in all states, the District of Columbia, and Virgin Islands. General Star Indemnity Company has its principal place of business in Stamford, Connecticut, and operates under NAIC Number 0031-37362.
About Starfish Specialty Insurance:
Starfish Specialty Insurance is a New York-based Managing General Agent (MGA) and national program administrator founded in 2021. It specializes in creating niche insurance products for underserved markets, using technology to offer coverage in sectors like community associations, real estate, aviation, crisis management, and staffing/PEOs.