The Arrow Newsletter

News from Core Commercial, June 2022

Learn what comparative raters we use, our Q2 successes, more on our Hotel offerings and Advantage Package and more, all in this issue.

Look for us on digital platforms

?Many of our producers are already using digital platforms (comparative raters). We recognize the benefit of using these platforms to retrieve multiple quotes from one submission input.

For your convenience, our BOP can be found on the following raters:

Second quarter most successful BOP classes

• Artisan trade and service contractors?including plumbing, HVAC, electrical and interior painters
• Restaurants?including franchise fast food and casual family-style
• Building LRO?(office and retail occupancies, newer building ages, not in high risk CAT/weather territories)
• Eligible?Fabricare?classes (dry cleaners, laundry, linen and uniform supply)
• Residential condo?associations ($10 million or less TIV preferred; newer building age; not in high risk CAT/weather territories)

Second quarter most successful Package classes

• Building LRO?(office, retail, flex-industry. Newer building ages, not in high risk CAT/weather territories)
• Hotels?(newer building ages, not in high risk CAT/weather territories)
• Restaurants?(multiple location/state)

?Save your client $$ while putting more $$ in your pocket!

?We have expanded new business pricing flexibility for BOP classes! Additional company pricing and expanded credits, up to 50%, are now available through underwriter referral in these states, with more states to be added: GA, IL, IN, KY, MA, MN, NH, OK, PA, TN, TX and VT.

?When combined with our BOP or Package, our Work Comp pricing will be much more competitive for our eligible?all-lines?opportunities via LCM reductions, up to 32%. Available initially in these states, with more coming shortly: CO, CT, GA, IL, IN, MI, MN, MO, NM, NV, OK, OR, PA, TN, UT and VT.?

?Industry Segment Focus: Advantage Package?

?Don’t forget: We’re your package headquarters for accounts up to $100,000 available in all 50 states. We offer General Liability, Property, Inland Marine and Crime.

In addition to our most successful packages mentioned above, we offer 600+ classes available including but not limited to:

• Light manufacturing
• Food processors
• Real estate – Lessors Risk only
• Trade contractors
• Multiple-location Retail, Restaurant and Service industry classes that exceed BOP size

Please contact your underwriter for further details or to discuss specific accounts you want to submit.

?Industry Segment Focus: Hotels

Eligible for Advantage Package program. Eligible operations include:

• Top tier national franchised hotel brands
• Newer hotels built within the last 20 years
• 100% sprinklered in all areas of the building
• Protection class 1-7
• Central station burglary and alarm systems
• Central station hardwired fire, smoke and carbon monoxide systems
• Smoke-free environment
• Inside entrance to rooms (hotels only no motels)
• Occupancy rate of at least 70%

Coverage highlights

• Blanket additional insured
• Liquor liability
• Business Income ALS
• Blanket EDP, personal effects and property of others, accounts receivable, fine arts and detached outdoor signs
• Ordinance of law coverages A, B & C
• Blanket waiver of subrogation
• Broad form named insured

*Subject to restrictions or coverage modification for coastal windstorm, tornado/hail and wildfire territories

?

Meet the family:?Manufactured housing & RV dealers and parks

?Did you know Arrowhead also offers Property & Liability for manufactured home communities, dealers and RV parks, with enhanced coverage for the industry’s unique exposures? Turn to us for multi-state coverage, property CAT exposure availability, competitive rates, admitted paper. Why choose our program?

• Business income coverage available
• Extended period of indemnity available
• Coverage for communities with owned rental units
• Coverage extended to homes being set up off site for manufactured home dealers
• CAT property availability for tough to place exposures
• Exclusive markets: AIG programs,?A.M. Best rating of A (Excellent), XV; Lexington Insurance Company,?A (Excellent), XV; Granite State Insurance Company, A (Excellent), XV; Illinois National Insurance Co., A (Excellent), XV; National Union Fire Insurance Company of Pittsburg, PA., A (Excellent), XV; and New Hampshire Insurance Company, A (Excellent), XV

?

Questions? Contact your business development leader