|[December 12, 2012]
The Main Street America Group Introduces Commercial Product Line to Grain Dealers Mutual Agents in Mississippi
OXFORD, Miss. --(Business Wire)--
The Main Street America Group has introduced its commercial product
line, featuring its flagship Main Line Business Owners Policy (Main Line
BOP), to approximately 50 independent agents who represent the super
regional property/casualty insurance carrier's Grain Dealers Mutual
Insurance Company throughout the state of Mississippi.
In addition to Main Line BOP, a property and liability product for small
business owners that features especially broad eligibility, Grain
Dealers Mutual agents also received access to the company's workers'
compensation, commercial umbrella and new tiered commercial auto
products. Launch meetings were recently held for Grain Dealers Mutual
agents in Oxford, Miss., and Jackson, Miss.
"Since affiliating with Grain Dealers Mutual in 2009, we have built upon
the carrier's strong tradition of serving 'Main Street' independent
agent-customers and insureds," said Henry Pippins, president of Main
Street America's Midwest Region. "We are pleased to bring our full suite
of commercial lines products to The Magnolia State to help our agents
take advantage of tremendous opportunities in a commercial market which
is beginning to firm. Nearly 500 classes of businesses qualify for our
Main Line BOP, which accounts for nearly 85 percent of the small
Main Line BOP provides standard BOP coverages, as well as some 50
additional ones. For example, its features include business
income/ordinary payroll coverage for up to 12 months, as well as
generous money and securities coverage.
The small business owners' insurance product also includes extensive
equipment breakdwn insurance and coverages particularly important
today, such as employment practices liability and identity theft. In
addition, a wide range of endorsements can be added to extend coverage
"With its many coverages and options, our agents have told us that our
Main Line BOP is one of the best products on the market today," Pippins
Main Street America's independent agent distribution network in
Mississippi will quote and issue policies for the new commercial
products on Main Street America's Main Street Station policy processing
system. The system features real-time rating and automated underwriting,
which significantly speeds policy turnaround. This state-of-the-art
system also provides agents with the ability to execute "what-if"
quoting, in which they can change deductibles or other policy features
to see its impact on premium.
Mississippi is the 23rd state to receive Main Street America's Main Line
BOP. The product is now available in Arizona, Connecticut, Delaware,
Indiana, Georgia, Maine, Maryland, Massachusetts, Michigan, Minnesota,
Mississippi, Nevada, New Hampshire, New York, North Carolina, Oklahoma,
Pennsylvania, Rhode Island, South Carolina, Tennessee, Utah, Vermont and
About The Main Street America Group
With roots dating back to 1923, The Main Street America Group is a super
regional insurance company which writes business through nine
property/casualty insurance carriers: NGM Insurance Company, Old
Dominion Insurance Company, Main Street America Assurance Company, MSA
Insurance Company, Great Lakes Casualty Insurance Company Grain Dealers
Mutual Insurance Company, Main Street America Protection Insurance
Company, Spring Valley Mutual Insurance Company and Austin Mutual
Insurance Company. Based in Jacksonville, Fla., Main Street America
offers a wide range of commercial and personal insurance, and fidelity
and surety bond products to individuals, families and businesses
throughout the United States.
With nearly $1 billion in premium written exclusively by 2,000-plus
independent insurance agents, the 89-year-old company insures more than
600,000 policyholders in 30 states and writes bonds in 45 states. A.M.
Best Company rates The Main Street America Group as an "A" (Excellent).
Main Street America is the founding company partner of Trusted Choice®,
the global branding program of the Independent Insurance Agents &
Brokers of America. Main Street America is also an investor carrier in
the new Consumer Agent Portal. For more information about Main Street
America, please visit www.msagroup.com
or connect with us on Facebook (News - Alert) at www.facebook.com/MainStreetAmerica.
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