SAN JUAN, Puerto Rico, Sept. 18, 2017 (GLOBE NEWSWIRE) -- Advantage Insurance Inc. ("Advantage"), a leader in providing customized insurance solutions for businesses and individuals, announced today that it has initiated its business continuity plan in response to Hurricane Maria affecting its corporate headquarters location.
Effective at 12:00 noon Atlantic Standard Time on Tuesday, September 19th, Advantage’s office at 250 Muñoz Rivera Avenue in San Juan, Puerto Rico will be closed and its operations moved to backup locations. During the closure period, Advantage clients, service partners and others may continue to contact Advantage as usual during the temporary relocation. Advantage expects to reopen its San Juan office on Monday, September 25th.
Advantage Insurance Inc., through its operating subsidiaries, provides customized insurance products and services to businesses and individuals worldwide. Founded in 1993, today Advantage serves approximately 400 clients and administers over $2 billion of insurance assets from its headquarters in San Juan, Puerto Rico and additional locations in the Cayman Islands and United States. Advantage's primary lines of business include private placement life insurance, captive insurance management and alternative risk transfer services. Additional information is available on the company's website: www.advantagelife.com
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