miu-insmiu-ins.com/files/MIU_Flyer.pdfIn today’s buIldIng materIals and lumber Insurance market,...
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IN TODAY’S BUILDING MATERIALS AND LUMBER INSURANCE MARKET, STRENGTH AND EXPERIENCE MATTER MORE THAN EVER. WE HAVE BEEN AN INDUSTRY LEADER WRITING BUILDING MATERIAL DEALERS, LUMBER OPERATIONS, TRUSS MANUFACTURERS, HARDWARE STORES, AND OTHER AFFILIATED CLASSES SINCE 1972. MIU OFFERS AGENTS ACCESS TO A+ RATED CARRIERS, SPECIALIZED COVERAGES, AND EXCEPTIONAL SERVICE FROM INDUSTRY EXPERTS. Program Highlights • Partnerships with leaders in the hardware, building material, and lumber industry, including the North American Retail Hardware Association (NRHA), True Value Company, Do it Best Corp., and Orgill, Inc. • Write in all 50 states • Regional specialized coverages (EQ and Flood) • A+ rated carriers (including Hartford and PMA) • On-site loss control inspections performed by industry experts, plus training and loss mitigation • Veteran underwriters focused on bringing the best possible coverage to your insured • Responsive and focused on providing exceptional customer service • Dedicated and committed to helping agents solve problems Offering all Lines of Coverage, including: • Property including Inland Marine • General Liability • Excess Liability • Commercial Auto (PPT’s to Extra Heavies) • Workers’ Compensation • Employment Practices Liability (EPLI) • Cyber/Data Breach Core Classes • Building Material Dealers • Lumber Retailers and Wholesalers • Rental Equipment Dealers • Truss Manufacturers • Secondary Wood Products Companies • Primary Wood Manufacturers (WC only) • Home & Garden Centers • Industrial and Commercial Supply Companies • Retail Hardware Program Carriers • Hartford Insurance Companies, A.M. Best Rated A+ XV • PMA, Old Republic Group, A.M. Best Rated A+ XII 704.770.6072 [email protected] miu-ins.com
Transcript of miu-insmiu-ins.com/files/MIU_Flyer.pdfIn today’s buIldIng materIals and lumber Insurance market,...
In today’s buIldIng materIals and lumber Insurance market, strength and experIence matter more than ever.
We have been an Industry leader WrItIng buIldIng materIal dealers, lumber operatIons, truss manufacturers, hardWare stores, and other affIlIated classes sInce 1972. mIu offers agents access to a+ rated carrIers, specIalIzed coverages, and exceptIonal servIce from Industry experts.
Program Highlights
• Partnershipswithleadersinthehardware,buildingmaterial,andlumberindustry,includingtheNorthAmericanRetailHardwareAssociation(NRHA),TrueValueCompany,DoitBestCorp.,andOrgill,Inc.
• Writeinall50states• Regionalspecializedcoverages(EQandFlood)• A+ratedcarriers(includingHartfordandPMA)• On-sitelosscontrolinspectionsperformedbyindustryexperts,plustrainingandlossmitigation• Veteranunderwritersfocusedonbringingthebestpossiblecoveragetoyourinsured• Responsiveandfocusedonprovidingexceptionalcustomerservice
• Dedicatedandcommittedtohelpingagentssolveproblems
Offering all Lines of Coverage, including: • PropertyincludingInlandMarine• GeneralLiability• ExcessLiability• CommercialAuto(PPT’stoExtraHeavies)• Workers’Compensation• EmploymentPracticesLiability(EPLI)• Cyber/DataBreach
Core Classes• BuildingMaterialDealers• LumberRetailersandWholesalers• RentalEquipmentDealers• TrussManufacturers• SecondaryWoodProductsCompanies• PrimaryWoodManufacturers(WConly)• Home&GardenCenters• IndustrialandCommercialSupplyCompanies•RetailHardware
Program Carriers •HartfordInsuranceCompanies,A.M.BestRatedA+XV• PMA,OldRepublicGroup,A.M.BestRatedA+XII
704.770.6072 [email protected]
704.770.6072 [email protected]
Additional Information/Submission Requirements• Accordapps• 5yearslossupdatedlossruns• Completedsupplemental• Picturesoftherisk• ForWorkers’Compensation,addXMODsheets• Prioryearpayrollbyclass
Attachments/Supplemental Apps• HIGAutoSupplemental• TrussSupplemental• WindowandDoorSupplemental
MIU Primary Classes
Hardwarestores,retailhomecenters,lumberyards,buildingmaterialdealers(wholesaleandretail),rentalandequipmentrentalstores,varietystores,secondarywoodproductscompanies,primarywoodprod-uctsmanufacturing(WConly),gardencenters&nurseries,landscapemaintenancecontractors,stoneanddecorativerock,andancillaryrisks.SecondaryWoodProductstoincludetrussmanufacturing,windowanddoormanufacturing,millwork,cabinetmanufacturingandinstallation,casings,hardwoodfloors,dryingandkilnoperations,milling,dimensionmills,planingandsimilaroperations.
Classes Requiring Supplemental Applications• Trussmanufacturing• Windowandexteriordoorassemblyormanufacturing
• Incidentaltothecoreclasses(incidentaldefinedas<25%oftotalsales)
• Equipmentrental
Ancillary Considered Operations• Acceptableifpartofa“PrimaryCoreClass”submission
Retail Stores and Operations• Appliance&Accessories-Householdtype• FloorCoverings• Crafts• ElectricalSupplies• FenceDealers• FurnitureStores• GlassSales(window,plate,mirror)• HobbyShopsandModelStores• Lamp&LightingFixtures• NurseriesorGardenShop(NoLandscaping)
• Paint,WallCoverings,&Wallpaper
• PlumbingFixturesandSupplies
• Equipment,Fixtures,andSuppliesforBars,Hotels,Restaurants,orStores
• GardeningandLightFarmingSupplies(noLandscaping)
• SportingGoods&Equipment(noequipmentrentals-gunanddivingequipmentshopsarenotEligible)
Wholesale Stores and Operations• AirConditioning&HeatingEquipment• Appliances&Accessories-Household• BuildingMaterials,Equipment&Supplies• ElectricalSupplies• Gardening&LightFarmingSupplies(nolandscaping)• Glass• Hardware• HobbyGoods&Supplies• Lamps&LightingFixtures• PlumbingFixtures&Supplies• Equipment,Fixtures,&SuppliesforBars,Hotels,Restaurants,orStores
Service Operations
• Appliance&Accessories–Installation,ServiceorRepair–HouseholdType
• Carpentry-residentialorlightcommercial(involvinginstallation,serviceorrepairofmerchandisesoldbyinsured)
• Contractors-subcontractedwork-ResidentialorLightCommercialOnly
• Door,WindoworAssembledMillwork-Installation(nohistoryofconstructiondefect-typelosses)
• ElectricalApparatusInstallation,ServiceorRepairorElectricalWork-withinBuildingsFenceErection
• FloorCoveringInstallation
• HeatingorCombinedHeating&AirConditioningsystemsInstallation,ServiceorRepairLocksmiths(excludingalarminstallation)
• Receiptsfortheseoperationsmustbelessthan20%oftotalreceipts
Other • BuildingorPremises-LRO• VacantLand
