ICW Group Insurance Companies, a group of property and casualty carriers, announced the launch of its new commercial package insurance offering in Illinois with plans to expand throughout the U.S.
The introduction of commercial package grows ICW Group’s available products to include general liability, property and capital asset coverages. These are in addition to the existing workers’ compensation, surety, catastrophe and assumed reinsurance lines of business. The company is also offering combined protection through its Prism Package™ product.
The new commercial package lines of business come after extensive research and development to bring forward a product that meets the evolving needs of businesses. ICW Group has built a team of industry veterans to build the lines powered by an underwriting team with years of experience within the industries covered. Key benefits offered to businesses through ICW Group’s Commercial Package include:
- Fast, flexible underwriting with the ability to tailor unique coverages to meet the changing needs of insureds.
- Monoline and combined protection for General Liability, Commercial Property and Capital Assets coverages at competitive rates.
- Specialized in-house risk management expertise and access to on-site risk valuation, proactive claims management, and flexible payment options.
- Fewer restrictions on limitations, accept industries that other carriers are leaving, and the flexibility to assess each submission for both risk and opportunity.
- A nationwide company with admitted paper and an A.M. Best financial rating strength of “A” (Excellent).
Topics Commercial Lines Business Insurance New Markets Illinois
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