First Insurance Company of Hawai, through its First Risk Management Services subsidiary, has signed two agreements to provide enhanced insurance services in Hawaii.

Lloyd’s, the world’s leading specialist insurance market, granted First Insurance coverholder status to underwrite property insurance for Hawaii-based customers.
Under a second agreement First Insurance will serve as the exclusive broker for Axiom Insurance Managers, a brokerage specializing in liquor-related liabilities. The agreement with Axiom comes just weeks after the City & County of Honolulu Liquor Commission’s Sept. 30 deadline for all liquor licensees and applicants to show proof of insurance coverage.
Under the agreement with Lloyd’s, First Risk will be able to rate, quote, bind and issue various types of hard to place commercial and residential property insurance on behalf of Lloyd’s, First Insurance said in a news release.