Adirondack Insurance Exchange is now offering auto, homeowners, package, boat, fire and personal umbrella insurance to New York consumers, through select independent insurance agents.
Adirondack, an insurance exchange that is managed by Adirondack AIF LLC, a wholly owned subsidiary of OneBeacon Insurance Group, is writing only in the New York personal insurance market.
“A dedicated New York organization like Adirondack Insurance Exchange enhances the ability to deliver innovative products and value-added services – all supported by completely local employees and independent agents,” according to Thom McDaniel, president of Adirondack AIF LLC.
Adirondack is not necessarily a typical new company, however.
“Most of the business going into Adirondack is profitably insured now by members of the OneBeacon group and will transfer over the next several months,” said McDaniel. “OneBeacon’s independent insurance agents have been appointed as Adirondack partners, so customers will continue to receive high-quality service from insurance experts who live and work alongside them.”
Adirondack Insurance Exchange is headquartered in Williamsville, New York. The company is rated A (Exceptional) by Demotech, Inc.
OneBeacon Insurance Group is wholly owned by White Mountains Insurance Group, Ltd., of Hamilton, Bermuda.
Source: OneBeacon
Banks Still Face Legal Claims After $25 Billion Settlement
MF Global Judge to Examine Insurance Payments for Former Executives
Daredevil CEOs May Put Companies at Risk
California Independent Contractor Law May Be Liability for Agents, Brokers
North Carolina Continues Auto Regulation Debate As Rates Stay Same for 2012
Long-time California Lobbyist Looks to 2012 Legislation Affecting Insurance
Mine Safety Chief Seeks to End Complacency Over Safety
Virginia Court Grants Rehearing of Global Warming Claims Case
