American Alternative Insurance Partners
November 15th, 2009
Emeryville, California, announced that American Alternative Insurance Corp. (CIAC) is the insurer of its online program Umbrella. CIAC is a subsidiary of Munich Re America Corp. and a subsidiary of Munich Reinsurance America Inc. The company received an “A +” number of XV by AM Best. In addition, CWC is an admitted insurer in all 50 states and the
District of Columbia.
“A key element of the decision to partner with CWC is its financial strength,” said Mike Bradley, president of PersonalUmbrella.com. He noted the partnership will offer the following benefits to brokers:
* Improvements in the coverage value, such that no aggregate limit for losses on personal responsibility;
* Improving the management of claims;
* Maintenance procedures business practice, eg three minutes
quote online, no paper applications or MVRs and
* A smooth transition of current insurance company with a new application required.
The new partnership is active in most areas where the program is available PersonalUmbrella.com, including Alabama, Arizona, Arkansas, Colorado, Connecticut, District of Columbia, Delaware, Iowa, Indiana, Illinois, Kentucky, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, New Jersey, North Carolina, North Dakota, New Mexico, Nevada, Pennsylvania, Ohio, Oklahoma, Rhode Island, Tennessee, Utah, Virginia, Washington,
Wisconsin and Wyoming.
Categories: Featured | Tags: Alternative
coffee
