The Main Street America Group Launches Main Line BOP and Main Street Station for CL in Five More States

JACKSONVILLE, Fla.--(BUSINESS WIRE)--The Main Street America Group has introduced its new Main Line business owners policy (BOP) property and liability insurance product and Main Street Station for Commercial Lines quoting and policy issuance system to its independent agents in New York State, New Hampshire, Virginia, Tennessee and Maryland.

“Main Street America’s market is ‘Main Street’ businesses, which even with the recent economic conditions, continues to be the fastest growing segment of the U.S. economy”

The product and system are now available in 14 of the states where Main Street America writes commercial lines business.

Nearly 500 of the super regional property-casualty insurance carrier’s independent agents from New York State, Main Street America’s largest state in terms of premium volume, attended kickoff meetings throughout the Empire State to learn about the new product’s broad eligibility, and new and expanded coverages. Kickoff meetings were also well-attended by the company’s independent agent distribution force in the other four new launch states.

The product features 10 programs — condominium associations, garages, restaurants, light manufacturing, wholesale, retail, services, offices, apartments and contractor programs — with nearly 500 eligible classes.

The new product also has significantly increased limits, with many new or expanded coverages. What’s more, coverage can be extended with the product’s many new options, such as product withdrawal, and condominium directors and officers, and Main Line Extension and contractors inland marine endorsements.

“Main Street America’s market is ‘Main Street’ businesses, which even with the recent economic conditions, continues to be the fastest growing segment of the U.S. economy,” said Henry Pippins, Main Street America’s vice president of commercial lines. “With this in mind, we designed Main Line BOP with much broader eligibility than our previous BOP product, so that approximately 85 percent of the small business market would qualify.”

“Moreover, to improve the competitiveness of our product, we automatically include a generous array of coverages, along with expanded limits and options,” Pippins continued. “The reception to Main Line BOP has been huge in the market — we have experienced triple-digit increases in the nine states where we previously introduced the new product.”

Over the past year, Main Street America’s new BOP product and commercial lines processing system has been implemented in Arizona, Connecticut, Georgia, Massachusetts, Michigan, Nevada, North Carolina, Pennsylvania and Utah.

Like the other nine states, Main Street America’s independent agents in New York, New Hampshire, Virginia, Tennessee and Maryland will quote and submit new business applications for Main Line BOP on the company’s new Main Street Station for Commercial Lines quoting and processing system.

The new system features real time rating, automated underwriting and business submission, all from one central place.

“Our new system makes it a snap to quote and submit business. Our agents appreciate the system’s intuitive workflow and navigation, and how quickly they can enter data and receive a quote,” Pippins said. “This new system really improves agents’ ease of doing business with Main Street America.”

Main Line BOP and Main Street Station for Commercial Lines are being rolled out on a state-by-state basis throughout all of the states where Main Street America writes commercial lines business.

About The Main Street America Group

With roots dating back to 1923, The Main Street America Group is a super regional insurance company that operates five property-casualty insurance carriers: NGM Insurance Company, Old Dominion Insurance Company, Main Street America Assurance Company, MSA Insurance Company and Great Lakes Casualty Insurance Company. Based in Jacksonville, Fla., Main Street America offers a wide range of commercial and personal insurance products, and fidelity and surety bond products, to individuals, families and businesses in 24 states, including 16 East Coast states from Maine to Florida, as well as Arkansas, Arizona, Michigan, Nevada, Ohio, Oklahoma, Texas and Utah.

With more than $800 million in premium written exclusively by 1,500-plus independent insurance agents, the 86-year-old company insures more than 600,000 policyholders. The company has regional offices in Jacksonville; Keene, N.H.; Richmond, Va.; Syracuse, N.Y.; and Grand Rapids, Mich., and a claims reporting center in Auburn, Mass. 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. For more information about Main Street America, please visit www.msagroup.com.