Wednesday, February 13, 2008

Gramercy Ins Co. Unveils New Program

Gramercy Insurance Company (GIC), a global property and casualty insurer, announced the expansion of its Commercial Auto division with the addition of truck liability insurance. GIC now provides a single source solution for those customers seeking physical damage, cargo and liability coverage. GIC (www.gramercyinsurance.com) has named a select group of agents to its Founders' Circle and launched the program in a ceremony with the founders Circle agents in Dallas. AmWINS Transportation, formerly Seaboard Underwriters, acts as the program's managing general agency for underwriting and policy issuance within guidelines developed and controlled by Gramercy. National Transportation Adjusters, Inc (NTA) serves as the third party claims administrator. The whole program is reinsured by GMAC RE, a long time partner of GIC. GIC's trucking liability program is suited for small to medium trucking companies with units from one to 100. GIC's primary focus is long haul trucking operations with an unlimited radius (in excess of 200 - 300 miles) using dry and refrigerated vans, flat bed, non-hazardous bulk tankers and containerized freight.

No comments: