Gramercy Insurance Company Launches Trucking Liability Program
Atlanta, GA - Gramercy Insurance Company (GIC), a leading global property and casualty insurer, recently announced the expansion of its Commercial Auto division with the addition of truck liability insurance. GIC now provides a single source solution for those customers seeking physical damage, cargo and liability coverage. GIC has named a select group of agents to its Founders' Circle and launched the program in a ceremony with the founders Circle agents in Dallas.
Adding this program keeps GIC aligned with its strategic vision to offer a full commercial auto suite of risk solutions to a niche market. "We believe there is a need for this type of program so that the small to medium transportation companies are able to compete with the confidence they are adequately insured," states Antonio Barner, Gramercy's vice president of operations.
"We have spent a lot of time researching and qualifying agents with niche expertise in the trucking industry. We have aligned our Founders' Circle with qualifying producers who are committed to serving an underserved market and most importantly, experts and specialists in the trucking industry," Mike Darrah, GIC's transportation manager says.
AmWINS Transportation, formerly Seaboard Underwriters, acts as the program's managing general agency for underwriting and policy issuance within guidelines developed and controlled by Gramercy. National Transportation Adjusters, Inc (NTA) serves as the third party claims administrator. NTA is recognized as one of the country's leading TPAs serving the trucking industry. The whole program is reinsured by GMAC RE, a long time partner of GIC.
Keith Dunlap, president of NTA, Inc. says, "On behalf of the staff at NTA, Inc., we are exceptionally proud and excited to be chosen to represent the interests of Gramercy Insurance Company and their transportation clientele. The insurance program that Gramercy has produced is truly outstanding and the selected agencies allowed to participate in the program will no doubt come to embrace it as a unique and innovative approach to the underwriting of the motor carrier risk. As Gramercy's claims partner, NTA, Inc. looks forward to playing a key role in the growth and success of this new transportation program."
"We at AmWINS Transportation Underwriters, Inc. are proud and excited to be chosen to administer the Gramercy Auto Liability Program. We have had the opportunity to meet and spend time with the Gramercy Founders Circle agents and are impressed with their knowledge and professionalism and are looking forward to developing a solid book of profitable business with them," says Joe Hutelmyer, president of AmWINS.
GIC's trucking liability program is ideal for small to medium trucking companies with units from one to 100. GIC's primary focus is long haul trucking operations with an unlimited radius (in excess of 200 - 300 miles) using dry and refrigerated vans, flat bed, non-hazardous bulk tankers and containerized freight.
SOURCE: Gramercy Insurance Company