Englewood, Colo.-based Colorado Casualty, a Liberty Mutual Agency Markets regional company, is introducing its new commercial lines product portfolio and Web-based underwriting application to agents in Colorado, Nevada, Utah, and Wyoming.
Commercial IQ, the company’s Web-based application for commercial lines quoting, binding, and policy issuance, is an automated underwriting process that allows agents to quote BOP, commercial auto, property, and umbrella, farm, and general liability, as well as new monoline coverages for inland marine and employment practices liability.
The arrival of Commercial IQ coincides with the introduction of The Commercial Protector Series, Colorado Casualty’s portfolio of commercial lines products for small- to mid-sized businesses that provides coverage for more than 1,100 classes. Coverage is available to businesses with receipts up to $15 million per location. It offers optional market segment endorsements for 12 industries: condominiums; contractors; food processors; garages; hotels/motels; manufacturers, office/lessors; 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.
BOP Commercial Protector is a package product that provides property and liability coverage in a single policy for small business accounts with receipts up to $8.5 million per location. Popular endorsements include property extension, liability extension, and employment practices liability.
Colorado Casualty also offers the Comprehensive Business Package, a 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.
Headquartered in Englewood, Colorado Casualty provides insurance in Arizona, Colorado, Nevada, New Mexico, Utah, and Wyoming. For more information, visit www.coloradocasualty-ins.com.
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