Ohio Casualty Offers New Custom Protector Products

April 3, 2008

Ohio Casualty, a Liberty Mutual Agency Markets regional company, today announced the introduction of Custom Protector, a commercial lines product that offers more built-in coverages with significantly expanded eligibility.

Custom Protector is available to small to mid-sized businesses with receipts up to $15 million per location and offers optional market segment endorsements for the following twelve industries: condominiums, contractors, food processors, garages/auto service, hotels/motels, manufacturers, office/lessor’s risk, religious organizations, restaurants, retailers, service providers, and wholesalers. Split-rated property and liability coverages allow for price adjustments to match a customer’s specific exposure.

The Commercial Protector Series consists of three products – Commericial Protector (BOP), Custom Protector, and the Comprehensive Business Policy.

Supplementing these new products is an enhancement to Commercial IQÒ, the company’s online quoting and policy application system, that simplifies product selection by directing agents’ new business to the Ohio Casualty product that best suits a customer’s needs. SmartNavÔ, the new pre-qualification tool within Commercial IQ, suggests the most appropriate product for a commercial risk after an agent selects a business class code and responds to a few basic eligibility questions.

Commercial Protector (BOP) is a product that provides broad property and liability coverage in a single policy for small business accounts with receipts up to $8.5 million per location. Endorsements include: property extension, property extension plus, liability extension, employment practices liability, and physicians and dentists property extension.

Ohio Casualty also offers the Comprehensive Business Policy, designed for more complex middle-market accounts. Core coverages include commercial general liability extension and a property extension endorsement, with optional coverages for equipment breakdown, employment practices liability, business income on an actual loss sustained, property extension plus endorsement, as well as a complete portfolio of ISO coverage endorsements.

Ohio Casualty products are sold in Delaware, Kentucky, Maryland, Ohio, Pennsylvania, Washington, D.C., and West Virginia.

Source: Ohio Casualty

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