Estimated $2.5 billion premium for insurers and producers
The Hartford Financial Services Group (Hartford) has enhanced its insurance offerings to protect the property and casualty exposures of midsize metal manufacturers. It represents an estimated $2.5 billion premium opportunity for insurers and producers.
Hartford claims the three enhancements to include: expanded appetite for general liability and property exposures, more flexible underwriting and enhanced capabilities for more complex property exposures, and simplified application and faster review process to make it easier for agents.
John Beres, Vice President of underwriting practices, Middle Market insurance, Hartford, said: “As part of The Hartford’s continued focus on delivering value to agents, we are pleased to announce these enhancements to make it easier for agents to place more metal manufacturing business with The Hartford.”
According to Hartford, its specific coverages include general liability, workers’ compensation, property, product liability, commercial auto, product recall, manufacturers’ errors and omissions, shipper’s interest and ocean cargo. In addition, it offers loss control expertise and specialised claims service to control and reduce losses and risk-related expenses.