Happy New Year! We hope you had a great holiday season and have started 2015 off on a good note. We have kicked off the year with a very busy start, writing several new business accounts for about a half million dollars in the first two weeks of the year.
2014 was a strong year for us, with growth across the board. We are now in our 25th year of business, and owe so much of our success to the agents we work with. We want to thank you for your partnership and support and share some of last year’s numbers with you:
Submissions: Up 23% over 2013
New business bound accounts: Up 11% over 2013
Renewal retention (premium): 92.64%
Brokerage new business submit-to-bind ratio: 34.54%
We believe these numbers confirm our long-held belief that quality agents can very effectively sell quality coverage from excellent carriers. Thank you for supporting our approach to this business.
We expect 2015 to be an exciting year. Consolidations are already occurring, and demand for our products continues to rise. We intend to expand our educational tools to continue giving you what you need to sell this coverage to your clients, as well as adding staff to stay ahead of the growth curve. We remain committed to giving you excellent service on every account written.
As always, we invite your questions, feedback, or comments at any time. We look forward to a very successful and prosperous 2015 for all of us.
What is Environmental Insurance?
Many of our agents are comfortable with environmental insurance products and can explain the value to their clients, while others may be new to the intricacies of this specialized niche. Nearly every business has some sort of pollution exposure, yet they don’t always understand the coverages available to them and regulations that may be directly impacting them. Click here to learn about what’s happening in the insurance marketplace, types of products we can access, and the environmental regulations with which companies must comply.
Learn About All the Lines We Can Access For You
Recent Success Stories
$54M Sewage bypass pump manufacturer and distributor purchased GL/CPL/E&O, Auto, and a $5M Excess policy for a total premium of $516,164.
$11.8M Ground water remediation contractor purchased GL/CPL/E&O/Auto, and $5M Excess policy for $163,000.
$900k Fire & water restoration contractor purchased GL/CPL, including Mold and NODs coverage, for $8,176.
$6.4M Water chemical treatment contractor purchased a $1M/$1M CPL policy for $6,501.
$3.3M Fossil-fuel power station purchased a 5-year, $5M/$5M Premises Pollution policy for $30,400.
Sand and gravel product manufacturer purchased GL/EIL for $35,495. Coverage includes TPL, NODs, Products Pollution, Product Recall coverage, Data Breach coverage, and Giveback coverage for Silica or Silica Mixed Dust exposures.
$36.5M General contractor specializing in multi-family housing, commercial construction, and institutional and educational buildings. Insured purchased CPL/E&O including Mold, limited Premises Pollution Liability, and TPL for $32,480.