ATLANTA and DALLAS, Feb. 6 /PRNewswire/ -- Gramercy Insurance Company
(GIC), a leading global property and casualty insurer, today 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.