Colorado Casualty Expands Small Commercial Appetite

Colorado Casualty, a Liberty Mutual Agency Corp. regional company, has expanded its small commercial appetite with the addition of more than 60 business classes to its Commercial Protector (BOP) product.

The majority of the additional classes are in wholesale/retail, office, and medical office, but Colorado Casualty is also introducing six new internet classes to accommodate retailers with on-premises inventories. A limited cyber liability endorsement has also been added at no cost for all qualified commercial protector business classes. Lower limits for employment practices liability coverage will be added later in 2011.

The Commercial Protector is a competitively-priced, package 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. Popular endorsements include property extension, liability extension, and employment practices liability.

The Commercial Protector series is Colorado Casualty’s portfolio of commercial lines products for small to mid-sized businesses, providing coverage for more than 1,100 classes.

Custom Protector is available to small to mid-sized businesses with receipts up to $15 million per location. It offers more built-in coverages and expanded eligibility with optional market segment endorsements for the following twelve 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.

Colorado Casualty also offers the Comprehensive Business Policy, a package policy designed for more complex middle-market accounts. Core coverages include commercial general liability extension and a property extension endorsement, with optional coverages for eqipment 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.