OneBeacon and Frontline Offer Motor Truck Cargo Program
OneBeacon Insurance Group (NYSE:OB) announced its alliance with Frontline Underwriters, Inc. to offer a new Motor Truck Cargo Program to transportation customers in nine states: Alabama, Arkansas, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee and Texas.
Said Don Keahon, OneBeacon's Vice President and Director of Inland Marine, "We are excited to partner with Frontline Underwriters and bring this program to the transportation marketplace. Frontline's preeminence in the motor truck segment nicely complements OneBeacon's focus on this specialty business. Through our combined expertise, enhanced coverages and personalized approach, we offer the transportation market in the southeast and Texas a total Motor Truck Cargo solution."
A full suite of motor truck cargo protection is available with the program, including standard inland marine coverages and program features such as expediting expenses, off-board and on-board electronic equipment and on-board supplies. As a leading insurance provider to the transportation segment, OneBeacon can also offer occupational accident coverage for owner operators as well as key risk management services such as travel assistance and a discount prescription drug program.
About Frontline Underwriters: Frontline Underwriters, Inc. is a privately owned wholesale insurance broker with specific expertise in all trucking lines of coverage: motor truck cargo, auto liability, auto physical damage, general liability and property. Through its relationships with OneBeacon Insurance and other "A" rated Admitted carriers that specialize in the transportation business, plus "A" rated surplus lines carriers with expertise in commercial auto, Frontline Underwriters offers one-stop shopping for the transportation-specific retail insurance agent.
About OneBeacon: OneBeacon Insurance Group, Ltd. is a Bermuda-domiciled holding company that is publicly traded on the New York Stock Exchange under the symbol "OB." OneBeacon Insurance Group's underwriting companies offer a range of specialty insurance products sold through select independent agents, regional and national brokers, and wholesalers. The company's businesses include OneBeacon Professional Insurance, International Marine Underwriters, Entertainment Brokers International Insurance Services, Specialty Accident and Health, OneBeacon Government Risks, OneBeacon Energy Group, A.W.G. Dewar (tuition refund), collector cars and boats written through Hagerty Insurance Agency, OneBeacon Technology Group, OneBeacon Financial Services, OneBeacon Specialty Property, Property and Inland Marine, and AutoOne.
As one of the oldest property and casualty insurers in the United States, OneBeacon traces its roots to 1831 and the Potomac Fire Insurance Company. Today, OneBeacon's specialty insurance businesses are national in scope.
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