It was just 18 months ago that Employers started writing business in the state of Delaware. We saw immediate success there due to the competitive LCM's, (1.20 EPIC), and maximum credit capability of 40%! I took a quick snapshot of quotes automatically released in the last week on small (under $7500) Delaware businesses, and they averaged 31% credit instantly, without any further underwriting!
Classes bound include the following:
957 - Physicians and Dentists
922 - Retail Furniture Stores
975 - Restaurants
928 - Army/Navy Stores
818 - Auto Dealerships
973 - Hotels
951 - Real Estate - Salesmen
461 - Machine Shop
815 - Auto Body Shops
932 - Photocopy Shop
We're also seeing a good number of Middle Market risks getting placed - ie..risks over $25,000.
Classes Included:
818 - Auto Dealerships
897 - Fast Food Restaurants
880 - Non-residential Property Managers
975 - Full Service Restaurants
973 - Hotels
These are just a few examples of why Delaware, if you have opportunities there, is a great place to quote with Employers.
Questions? Contact Andrea Kitchens 610-387-3771 akitchens@pennockins.com