CHADDS FORD, Pa., Could 24, 2021 /PRNewswire/ — Elementary Underwriters, a specialty managing normal underwriter with experience in industrial auto insurance coverage, immediately introduced the introduction of a brand new industrial auto market product – Major Non-Owned Auto (PNOA) insurance coverage. PNOA is designed to deal with the wants of companies within the well being and human companies business. It supplies major auto legal responsibility and non-compulsory bodily harm protection for workers whereas driving their private automobiles for enterprise functions.
“There’s a substantial protection hole out there for employers who’ve workers utilizing their very own automobiles for enterprise functions,” mentioned Abel Travis, vp of Elementary Underwriters. “PNOA can present many advantages together with higher safety for workers, improved threat profile for the employer, streamlined and constant administration of worker car operation and a helpful recruitment and retention software for policyholders. We’re extraordinarily excited to have the ability to work with our agent companions to make this product obtainable to our joint prospects.”
This progressive product, which displays Elementary’s dedication to providing artistic options to fulfill evolving buyer wants within the market, will initially be obtainable for brand spanking new enterprise efficient on or after July 1 in 14 states together with Alabama, Arkansas, Colorado, Georgia, Illinois, Indiana, Iowa, Missouri, Nebraska, Ohio, Oklahoma, Tennessee, Texas and Virginia.
Elementary Underwriters delivers particular person underwriting options, consultative loss management applications and fast claims resolutions for dangers with superior security cultures. Late final 12 months, the corporate expanded its mid-market industrial trucking insurance coverage product choices into 10 further states together with California, Idaho, Montana, Utah, Arizona, North Dakota, South Dakota, West Virginia, Mississippi and Delaware. The corporate’s footprint now contains 28 states all through the U.S. Beforehand, the corporate provided insurance coverage companies in Alabama, Arkansas, Colorado, Georgia, Iowa, Illinois, Indiana, Missouri, Nebraska, New Jersey, Ohio, Oklahoma, Oregon, Pennsylvania, Tennessee, Texas, Virginia and Washington.
About Elementary Underwriters
Elementary Underwriters is a division of AF Group and its subsidiaries. Insurance coverage insurance policies are issued by Third Coast Insurance coverage Firm. For extra data, go to FundamentalUW.com.
SOURCE AF Group; Elementary Underwriters