XL Insurance and American Wholesalers Underwriting have entered into a new joint underwriting agreement to provide the Wholesalers' Insurance Program (WIP)for durable and non-durable goods wholesale distribution industry.
The company said that the insurance program meets the needs of the durable, non – durable, and food distribution industries. It provides property, inland marine, auto, general liability, workers comp and umbrella coverage with various industry specific extensions.
Available in all 50 states, coverages and limits are tailored to meet individual distributor’s specific risk management needs. The program will be provided by XL’s Greenwich Insurance Company and its affiliates, licensed to write property and casualty insurance throughout the US, the companies said.
John Hartman, chief underwriting officer of programs at XL Insurance, said: XL Insurance values industry expertise. In this new underwriting agreement, that is exactly what American Wholesalers Underwriting brings to the table.
“With their experienced staff and thorough industry knowledge, they have carved out a best in class approach to service the wholesale distributors’ insurance needs. We are looking forward to a long-term relationship that will yield strong results for us as well as the customers we’ll serve together.