Philadelphia Insurance Cos. (Nasdaq: PHLY – News) introduced a new product for day spas. Focusing on independently operated facilities, PHLY’s new Day Spa product offers general liability, commercial auto, and property coverage features such as pollutant clean up and removal, personal effects, property of others, accounts receivable, business income and extra expense, ordinance or law, EDP equipment and media, among others.
Eligible day spa operations under the new program include services and procedures such as massages, facials, manicures and pedicures, microdermabrasion, waxing, tanning, hydrotherapy, and much more.
In operation since 1962, PHLY designs, markets, and underwrites commercial property/casualty, personal lines and professional liability insurance products. The company’s commercial lines subsidiaries are rated A+ (Superior) by A.M. Best Company,
Source: Philadelphia Insurance, http://www.phly.com
Was this article valuable?
Here are more articles you may enjoy.
Arthur J. Gallagher’s RPS Acquires McKee Risk Management 
Progressive Is Biggest Auto Insurer, Surpassing State Farm, Says S&P GMI 
Three New HO Carriers and an Improving Condo Market in Florida, Reports Show 
Acrisure to Cut 2,250 Employees, Citing Advances in Technology and AI 
