Back To Terms Beginning With l
The reinsurance company that takes the lead role in negotiating terms, conditions, and premium rates, and signs first on the line slip. Those that later sign the slip are considered following reinsurers and are obligated under the same terms and conditions to which the lead reinsurer agreed.
Insurance Industry News from ProgramBusiness.comThree New Markets
Storefront owner Appalachian Underwriters, Inc. is pleased to be offering three new markets as of February 2008. These new carriers are set up to do workers compensation, contractors general liability, dump trucks, and commercial auto. These carriers represent AUIs commitment to always seek new markets to bring our agents the broadest risk appetite available.
Appalachian Underwriters is also excited about our new marketing representative, Jim Grove, who just moved to San Diego to become our first permanent West Coast representative. Jim will have all of Southern California in his territory and will be visiting agents throughout the region to keep them informed about our programs.
Both of these demonstrate AUIs furthered expansion into the Western states, while still offering a new mix of programs for our existing agents.
For more information, visit their storefront at www.programbusiness.com or call marketing or an underwriter today to learn more about these new carriers at 888-376-9633. Jim Grove may be reached at 858-414-0315.
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