GE Insurance Solutions Unveils New Product for Business Hotels

March 27, 2006

Kansas City-based GE Insurance Solutions has unveiled a new primary insurance product designed for specific segments of the hotel industry.

Offered through Klein Insurance Services of West Paterson, N.J., and available only through insurance agents and brokers, the comprehensive, multi-line property/casualty program is designed to cover risk exposures for hotels that cater to business and short-stay leisure travelers.

“Scott Klein and his organization bring a incomparable level of industry expertise due to Scott’s professional training in the hospitality industry and the agency’s 16 years of experience in this class,” said Lois Massa, vice president of GE Insurance Solutions. “This new program provides an opportunity for GE Insurance Solutions to access a recognized industry leader and provide KIS with the underwriting and analytical tools to grow a profitable program.”

Offered across the country, specific elements of the new program from KIS and GE Insurance Solutions include: eligibility, any hotel or motel not considered a destination resort, residential hotel or a convention/conference center; coverage; broad coverage tailored to hotels; liquor liability; garage keeps liability; hired and non owned auto; admitted paper; and package policy.

“KIS is world-class at marketing its knowledge of the hotel business and underwriting expertise to the hospitality industry,” said Scott Klein, KIS president. “Clients come to us for our competitive programs. They renew for the service that exceeds their expectations. The deep, practical risk expertise GE Insurance Solutions brings to the table will help KIS and its customers manage their risks more effectively and be mutually successful now and in the future.”

Founded in 1991, Klein Insurance Services offers comprehensive property and casualty insurance programs in the country dedicated to the hospitality industry. Additionally, KIS inspects all properties and provides loss control reports to assist in maintaining a property’s high level of protection. More information on KIS is available at www.kis-hospitality.com.

GE Insurance Solutions is a group of companies that protects people, property and reputations. With more than $50 billion in combined assets and, GE Insurance Solutions identifies itself as one of the world’s leading providers of commercial insurance, reinsurance and risk management services. More information is available at www.geinsurancesolutions.com.

Source: GE Insurance Solutions

Was this article valuable?

Here are more articles you may enjoy.