Firm companions with insurance coverage firm to enhance service to brokers and shoppers
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 business by means of a brand new partnership with Palomar Extra and Surplus Insurance coverage Firm (PESIC).
This partnership affords superior underwriting authority, enabling brokers to concern insurance policies swiftly and effectively, alongside professional claims administration that features thorough danger assessments, environment friendly claims monitoring, and faster settlement negotiations. Moreover, it offers complete protection, together with common legal responsibility and supported umbrella, particularly tailor-made for the safety and alarm business.
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 ‘greatest at school’ Safety Alarm & Investigator Program, providing expanded protection, improved service, and entry to Palomar’s strong underwriting capabilities,” he mentioned.
Since 1989, The Mechanic Group has specialised in personalized, complete insurance coverage packages for the safety and alarm business. The brand new partnership with Palomar will additional improve its companies and increase 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 business, making them a super accomplice for Palomar. We’re excited in regards to the alternative to collaborate with such a gifted group on this area of interest market phase,” mentioned Jason Sears, govt vp and head of packages 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 companies.
What are your ideas on this game-changing partnership? We’d love to listen to your feedback on the way it may impression the business!
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