Counterpart, an insurtech specializing in AI-driven management and professional liability insurance, has introduced General Liability (GL) coverage to its existing Miscellaneous Professional Liability (MPL) product line. This new offering, designed for small and medium-sized enterprises, is backed by A-rated carrier Aspen and provides tailored coverage with limits of up to $1 million per occurrence. The inclusion of GL coverage is aimed at addressing brokers’ significant demand and simplifies the insurance process by allowing brokers to manage both GL and MPL claims under a single carrier. Counterpart’s move enhances its portfolio and strengthens its collaboration with Aspen, reflecting an innovative approach to underwriting and risk management.
