Cincinnati Financial Corp. today announced that its lead property casualty insurance subsidiary, The Cincinnati Insurance Co., appointed Moody Insurance Agency in Denver as the first independent agency in Colorado to market its business insurance policies and services. Cincinnati Insurance executives initiated the relationship at the company’s headquarters, welcoming agency representatives Brad Moody, president, and Kim Burkhardt, director of sales development. This marks the 36th state of operation for the insurer.
Tthe company plans to enter its 37th state, Wyoming, later this year. The company anticipates making eight independent insurance agency appointments in Colorado and Wyoming this year.
President and CEO Kenneth W. Stecher said, “We’ve had our eye on Colorado for several years. Operating within its stable regulatory and business climate, we see Colorado as an opportunity to support our goal of growth and diversify our geographic footprint, mitigating catastrophe losses.”
Cincinnati Financial Corp offers business, home and auto insurance through The Cincinnati Insurance Company and its two standard market property casualty companies. The same local independent insurance agencies that market those policies may offer products of the company’s other subsidiaries, including life and disability income insurance, annuities and surplus lines property and casualty insurance.
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