Small business

April 27, 2012

New Day Policy Analysis Results in New Business for Retail Broker

A new broker partner asked New Day to review a current Contractor’s Pollution Liability (CPL) policy for which the broker was competing for the Insured’s business. New Day’s analysis of the CPL policy revealed several deficiencies. Although coverages for the deficiencies may be available in the marketplace they were not included in the current policy.

With the aid of New Day’s analysis of the CPL policy, the retail broker was able to secure the Brokers of Record (BORs) for all of the insured’s coverage, including the CPL for which New Day will work on their behalf.…

February 7, 2011

Great American’s Environmental Division Named as a Selected Insurance Carrier for the Massachusetts BRAC Program

Acknowledgment to Great American

Great American Insurance Group’s Environmental Division is pleased to announce that it has been named as a Selected Insurance Carrier for the Massachusetts Brownfield Redevelopment Access to Capital (“BRAC”) Program by the Massachusetts Business Development Corporation.

The BRAC Program promotes access to private sources of loan and investment capital for the cleanup and development of Brownfields. To help facilitate such development, the program works with selected insurance carriers to provide environmental liability coverage for investors and lenders considering Brownfield projects.

Great American’s environmental insurance policies have been thoroughly reviewed and approved for use by the BRAC Program’s administrators. In addition, Great American has developed a unique endorsement for use with the program which provides additional state-specific benefits to entities developing Brownfield sites in Massachusetts.…