Learn what comparative raters we use, our Q2 successes, more on our Hotel offerings and Advantage Package, upcoming webinars and more, all in this issue.
Look for us on digital platforms
Many of our producers are already using digital platforms (comparative raters). We recognize the benefit of using these platforms to retrieve multiple quotes from one submission input. For your convenience, our BOP can be found on the following raters:
Second quarter most successful BOP classes
Artisan trade and service contractors including plumbing, HVAC, electrical and interior painters
Restaurants including franchise fast food and casual family-style
Building LRO (office and retail occupancies, newer building ages, not in high risk CAT/weather territories)
EligibleFabricare classes (dry cleaners, laundry, linen and uniform supply)
Residential condo associations ($10 million or less TIV preferred; newer building age; not in high risk CAT/weather territories)
Second quarter most successful Package classes
Building LRO (office, retail, flex-industry. Newer building ages, not in high risk CAT/weather territories)
Hotels (newer building ages, not in high risk CAT/weather territories)
Restaurants (multiple location/state)
Save your client $$ while putting more $$ in your pocket!
We have expanded new business pricing flexibility for BOP classes! Additional company pricing and expanded credits, up to 50%, are now available through underwriter referral in these states, with more states to be added: GA, IL, IN, KY, MA, MN, NH, OK, PA, TN, TX and VT.
When combined with our BOP or Package, our Work Comp pricing will be much more competitive for our eligible all-lines opportunities via LCM reductions, up to 32%. Available initially in these states, with more coming shortly: CO, CT, GA, IL, IN, MI, MN, MO, NM, NV, OK, OR, PA, TN, UT and VT.
Industry Segment Focus: Advantage Package
Don’t forget: We’re your package headquarters for accounts up to $100,000 available in all 50 states. We offer General Liability, Property, Inland Marine and Crime.
In addition to our most successful packages mentioned above, we offer 600+ classes available including but not limited to:
Light manufacturing
Food processors
Real estate – Lessors Risk only
Trade contractors
Multiple-location Retail, Restaurant and Service industry classes that exceed BOP size
Please contact your underwriter for further details or to discuss specific accounts you want to submit.
Industry Segment Focus: Hotels
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: Manufactured housing & RV dealers and parks
Did you know Arrowhead also offers Property & Liability for manufactured home communities, dealers and RV parks, with enhanced coverage for the industry’s unique exposures? Turn to us for multi-state coverage, property CAT exposure availability, competitive rates, admitted paper. Why choose our program?
Business income coverage available
Extended period of indemnity available
Coverage for communities with owned rental units
Coverage extended to homes being set up off site for manufactured home dealers
CAT property availability for tough to place exposures
Exclusive markets: AIG programs; A.M. Best rating of A (Excellent), XV
Lexington Insurance Company; A.M. Best rating of A (Excellent), XV
Granite State Insurance Company; A.M. Best rating of A (Excellent), XV
Illinois National Insurance Co.; A.M. Best rating of A (Excellent), XV
National Union Fire Insurance Company of Pittsburg, PA.; A.M. Best rating of A (Excellent), XV
New Hampshire Insurance Company; A.M. Best rating of A (Excellent), XV
Training site
Whether you’re new to Core Commercial, or just need a refresher, join us for bi-weekly BOP demonstrations, plus a monthly webinar that zooms in on specific business segments, providing you with details and tips for selling.
