Tangram plans to introduce additional product lines for the security guard niche by early 2025. Credit: Studio Romantic/Shutterstock.

Tangram Insurance Services has launched a multi-line insurance programme specifically customised for the security guard industry.  

The programme, which is accessed through the Accelerant Risk Exchange and Service Insurance Companies, offers insureds specialty liability and workers’ compensation insurance tailored to the needs of both unarmed and armed security companies. 

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It aims to provide an insurance solution for security guard companies, combining general liability insurance with workers’ compensation coverage.  

Tangram’s approach is focused on delivering insurance options combined with underwriting expertise, and consultative risk management services in the security guard sector. 

The company has plans to introduce additional product lines for the security guard niche by early 2025, including property and commercial auto insurance. 

This programme is currently open for submissions from insureds in California, Florida, Illinois, New Jersey, New York, Pennsylvania, Texas and Virginia, with policy effective dates starting from 1 February 2025.  

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Moreover, workers’ compensation insurance is being offered on a nationwide basis. 

Tangram Program Strategy SVP Tracy Bernard said: “The addition of these new insurance products for security guards is a clear demonstration of Tangram’s commitment to being a comprehensive insurance solution for the niches we serve.  

“Further, we are extremely excited to enter this new partnership with Accelerant, a company that is changing the way programme managers think about capacity. We hope it is the first of many product launches with the team at Accelerant.” 

Earlier this year, Tangram announced the acquisition of Columbia, South Carolina-based Preferred Reinsurance Intermediaries.