Skip Ribbon Commands
Skip to main content

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​

 

 ‭(Hidden)‬ Catalog-Item Reuse

Wright Specialty Launches Single Source Coverage for Municipalities

The Wright Specialty municipality insurance program offers property-casualty insurance coverages and services for municipalities, water-related districts and special purpose districts.
Sponsored by

PRODUCT: Wright Specialty Insurance Municipal Insurance Program

COMPANIES: Wright Specialty Insurance; Munich Re Specialty Insurance

BEST RATING: A+

AVAILABILITY: Available to appointed agents and brokers. Wright is currently accepting inquiries for appointments.

FOCUS: Wright founded and has continuously managed two public sector-owned insurance companies formed as reciprocals, New York Schools Insurance Reciprocal, formed in 1989, and New York Municipal Insurance Reciprocal, formed in 1993. Wright Specialty also manages a National Education Program with over 1,000 educational institutions across the U.S.

The new program expands Wright's product offering to include comprehensive insurance to the municipal space in 25 additional states and Washington, D.C. “In addition to offering a comprehensive insurance program, our experienced and innovative loss management team provides valuable guidance and services to help clients reduce risks, injuries and damage to property," says Kevin C. Beer, president, Wright Specialty Insurance.

COVERAGE DETAILS: The Wright Specialty Municipality Insurance Program is a comprehensive suite of property-casualty insurance coverages and services for municipalities, water-related districts and special purpose districts. The program helps brokers and agents deliver comprehensive, quality insurance coverages and services more efficiently and helps municipalities manage their unique risks more cost-effectively.

The program features coverages such as general liability, property, equipment breakdown, inland marine, crime, public officials, employment practices, law enforcement, educators' legal liability, commercial auto and excess liability.

The program also offers a host of value-added services, including inspections and evaluations of facilities and operations, employment practices policy and procedures reviews, on-site and web-based training, regional seminars and assistance with risk-transfer programs through review of insurance procurement agreements, indemnity provisions and insurance certificates.

MINIMUM PREMIUM: N/A

UNDERWRITING: ACORD and supplemental applications, as well as four-year loss runs, will be evaluated by Wright Specialty's underwriting staff.

TARGET: Municipal governments with a population less than 75,000; special-purpose governmental authorities, such as library boards, parking authorities, parks and recreation and cemetery districts; and special districts where primary functions are water- or sewage-related.

COVERAGE AVAILABILITY: AL, CO, CT, DC, DE, FL, GA, IA, ID, KS, KY, MD, MT, NC, ND, NE, NH, NV, OH, OR, RI, SC, SD, TN, VT and WI.

CONTACT: Kevin C. Beer, president, Wright Specialty Insurance, 900 Stewart Avenue, Suite 600, Garden City, NY 11530; 516-750-9484.

Will Jones is IA Editor-in-Chief.

15492
Monday, October 19, 2020
Commercial Lines