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Thursday, October 17, 2024

The Mechanic Group expands safety alarm program




The Mechanic Group expands safety alarm program | Insurance coverage Enterprise America















Firm companions with insurance coverage firm to enhance service to brokers and shoppers

The Mechanic Group expands security alarm program


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The Mechanic Group is enhancing its Safety Alarm & Investigator Program by providing expanded protection and improved service to brokers and shoppers within the safety and alarm trade by a brand new partnership with Palomar Extra and Surplus Insurance coverage Firm (PESIC).

This partnership gives superior underwriting authority, enabling brokers to difficulty insurance policies swiftly and effectively, alongside professional claims administration that features thorough threat assessments, environment friendly claims monitoring, and faster settlement negotiations. Moreover, it supplies complete protection, together with basic legal responsibility and supported umbrella, particularly tailor-made for the safety and alarm trade.

In accordance with Marc Katz, president of The Mechanic Group, the collaboration with Palomar will ship “even higher worth” to brokers and shoppers.

“This partnership will additional strengthen our ‘finest in school’ Safety Alarm & Investigator Program, providing expanded protection, improved service, and entry to Palomar’s sturdy underwriting capabilities,” he mentioned.

Since 1989, The Mechanic Group has specialised in custom-made, complete insurance coverage applications for the safety and alarm trade. The brand new partnership with Palomar will additional improve its providers and develop protection choices, the businesses mentioned.

As a specialty insurer, Palomar serves residential and business shoppers throughout 5 product classes: earthquake, inland marine and different property, casualty, fronting, and crop.

“The Mechanic Group is a pacesetter within the safety and alarm trade, making them a great associate for Palomar. We’re excited in regards to the alternative to collaborate with such a gifted crew on this area of interest market phase,” mentioned Jason Sears, govt vp and head of applications at Palomar.

The Mechanic Group is a division of Specialty Program Group (SPG), a specialty platform that provides a various portfolio in underwriting administration, digital options, brokerage, and insurance coverage providers.

What are your ideas on this game-changing partnership? We’d love to listen to your feedback on the way it might affect the trade!


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