Great American Insurance Group Introduces Program for Classic Car Restoration and Repair Shops
The Alternative Markets Division of Great American Insurance Group has announced a new national program in conjunction with Grundy Insurance. The program focuses on coverages for antique and classic car restoration and repair shops across the United States.
The program, underwritten by Grundy and based out of Horsham, Pa., was awarded to Great American effective April 1, 2018. According to Jeff Henke, Underwriting Relationship Manager for Great American Alternative Markets, “Grundy Insurance has a team dedicated to this business. They are a full service operation and are uniquely qualified to underwrite the business. We truly value their long-standing reputation and expertise.” Coverage offerings within the car restoration program include property, general liability, automobile and garage keepers.
According to Jim Grundy, Owner/Principal, Grundy Insurance, “We know this business well, and we wanted a carrier that would respect our industry knowledge and build a program that affords the coverage that these specialty shops require. For us, Great American was the clear choice,” he explains. “With the Company’s financial strength, commitment to the program space, and the value-added support we receive, we can focus on what we do best and let Great American’s policy provide the protection that our specialized shop owners require.”
Great American’s Alternative Markets Division offers agents and clients a variety of risk-sharing and traditional program insurance options that support both specialty niche programs as well as generalist businesses. The division’s captive capabilities include Agency, Association and Group captives.