Are you using a distributor for comparative rating? Let us know! We’ve launched our BOP digital distribution, currently live with DAIS.
Add up to 15% premium credit to your BOP quotes on ArrowheadExchange.com, on your premium indication screen under the column Premium Modification. Now available for eligible accounts in all 50 states.
Our appetite guideallows you to search for any type of business we write, to find the SIC and NAICS codes (click the green button).
Commissions are increased on work comp accounts, on both new and renewal business. In some states, it’s now at 18 percent!View the new commissions schedule here.
Our Customer Portal and our Producer Portal (both accessible here) have been refreshed. Take a look!
Thanks to your business, we’ve grown by 9.7% since January in new business alone. We appreciate you!
TOP BOP classes Jan 1–June 30
Grocery stores
Residential condominiums
Restaurants
Beverage stores
Lessors Risk retail and office
TOP Package classes Jan 1–June 30
Lessors Risk
Hotels
Grocery stores
Contractors
Food and beverage distributors
Industry Segment Focus Restaurant Class
The restaurant class is one of our most popular industry segments.
Quote, rate and bind online
Accounts up to $100k
Eligible operations: standard family restaurants, fine dining or fast-casual exposures that serve food and may or may not serve alcohol
Fire suppression required in kitchens
Ineligible: music/live entertainment venues, bars, pubs, taverns, 24-hour operations, operations after midnight, available gambling devices
Coverage highlights
Elite Eating Establishment endorsement which includes $25,000 in spoilage
Hired and non-owned auto on eligible accounts
Equipment breakdown/boiler and machinery
CyberOne and data compromise
Liquor liability available up to 30% alcohol sales
Fabricare
Quote, rate and bind online
Accounts up to $100k
Eligible operations: dry cleaners, commercial launderers, textile and linen suppliers (supplies linens to restaurants, hotels, spas, etc.), restoration specialists (restoration for fabric/garments after fire, flood or mold), coin-operated attended laundromats, uniform rentals
Coverage highlights
Business interruption
Equipment breakdown/boiler and machinery
CyberOne and data compromise
Replacement cost per article limit available on the Elite Form
Restoration coverage options available on the Elite Form.
Fabricare Advantage Extension (cost is per policy versus per location)
Site pollution liability available directly through IWA*
* Site Pollution Liability is an essential coverage for this class, overlooked by most brokers. Covers soil contamination caused by dry cleaning solvents. Includes bodily injury liability, property damage, clean-up and removal of contaminated soil. Coverage provided by additional E&S carrier, claims made, requiring a separate application directly through IWA. For applications or additional information, contact your Business Development Leader.
Hotel
Eligible for Advantage Package program
Eligible operations
Top tier national franchised hotel brands
Newer hotels built within the last 20 years
100% sprinklered in all areas of the building
Protection class 1-7
Central station burglary and alarm systems
Central station hardwired fire, smoke and carbon monoxide systems
Smoke-free environment
Inside entrance to rooms (hotels only no motels)
Occupancy rate of at least 70%
Coverage highlights
Blanket additional insured
Liquor liability
Business Income ALS
Blanket EDP, personal effects and property of others, accounts receivable, fine arts and detached outdoor signs
Ordinance of law coverages A, B & C
Blanket waiver of subrogation
Broad form named insured
*Subject to restrictions or coverage modification for coastal windstorm, tornado/hail and wildfire territories
Meet the Family The Booksellers Insurance Program
The Booksellers Insurance Program has been working with independent bookstores since 1997, and you now have access through ArrowheadExchange.com.
Check out our cover-to-cover insurance for your bookstores.
Join us for bi-weekly BOP demonstrations and more! In July, we’re offering tips & tricks for writing Restaurant coverage (July 20) and in August, tips & tactics for writing Condo Associations (Aug. 17). Register now!
Underwriting Award Jenny Donahue
As you may know, Core Commercial’s first chief underwriting officer, Ron Casner, passed away last year. In honor of his tireless commitment to the program, we’ve created the Ron Casner Excellence in Underwriting Award. The award recognizes individual and cumulative contributions toward proactive change, profitable growth and pursuit of continuous underwriting execution excellence.
We’re pleased to announce our first recipient is Jenny Donahue, senior commercial underwriter. Jenny was nominated by peers and leadership for her communication, planning, testing, monitoring and execution around a new property CAT strategy in Severe CS Hail states.
Her work developed into a balanced strategy for business within Core Commercial that seeks to stabilize results and allows for more focused growth. She contributed to these efforts while also continuing to meet her normal assigned duties, being support for other teammates and just getting stuff done!
