Argonaut’s Great Central Introduces New Businessowners Product

March 27, 2006

Great Central Insurance, a member of the Select Markets segment of San Antonio-based Argonaut Group Inc., announced an addition of a businessowners product to its portfolio of insurance products and services. Great Central offers its new, specialized business owners package, along with commercial auto, workers compensation, and umbrella products, through a select network of agents in 46 states (all states except Alaska, Hawaii, New Hampshire, and Vermont).

The businessowners product has been added to Great Central’s Great Protector Series, its tailored insurance programs for its target industries of Food and Hospitality, Specialty Retail, and Religious Institutions. The businessowners product has been customized to meet the specific needs of Great Central’s Food and Hospitality and Specialty Retail clients. This product includes industry specific enhancements combined with broader equipment breakdown and identity theft coverage for restaurants, hotels/motels, convenience stores, strip shopping centers, laundries, drycleaners and related businesses.

John W. Polak, president of Great Central stated, “The addition of the businessowners product provides our agents and their clients with an additional alternative for protecting their businesses. We believe this product is a natural extension and excellent complement to our portfolio of custom, tailored risk management solutions and reflects our ongoing commitment to market leadership in our niches.”

Great Central, in operation in Peoria, Ill., since 1934, provides insurance and risk management services to the restaurant, hotel/motel, and fabricare industry and is the endorsed carrier for a number of leading state restaurant and other trade associations.

Source: Argonaut Group

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