NEMT Insurance Launches Paratransit Insurance Program on Instec System
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NEMT Insurance will use the Instec Policy system to quote, bind, issue, and renew insurance policies for an underserved segment of a market that is the company’s specialty. NAPERVILLE, Ill. (PRWEB) February 11, 2021 NEMT Insurance has implemented the Instec Policy system for its new Non-Emergency Medical Transportation (NEMT) insurance program. The program will be rolled out nationwide, with 24 states currently licensed and active.
In 2019, NEMT Insurance spotted a new opportunity in the market. Insurers were passing over paratransit providers that operated fleets most carriers deemed too small to bother insuring. NEMT’s principals were experts in this class but were missing out on business because there was nowhere to place it.