Give the Scoop on Philadelphia Insurance, Please.

[VaDwayne]

The agency that I write commercial insurance for is contracting with Philadelphia. Anybody know anything about them? How do the stack up with ERIE as far as underwriting, premium, etc?

 

[Hefe]

Haven't put any business with them yet. Had a couple E&O quotes come back too high and a declination on a package for an HOA. That's the extent of my experience with them so far. Erie doesn't write in CA so I can't compare the two.

 

[VolAgent]

All I can say is that the group I work with likes them and puts quite a bit of business with them. Apparently they do very well with contractors and service businesses. They don't have Erie, so I don't know how they compare.

 

[BTFuzz]

They have a product called a flexi-plus5 that is very competitive. I use it to place D&O and EPLI...they are a very good company. I don't have much with them but what I have there I keep.

 

[the mayor]

I have had some success with them.
Very good with my Health Club niche....
I don't have Erie, so I can't compare.

 

[CaptiveGuy]

I used them a few times for a business coach and accountant for E&O/GL. They are pretty easy to do business with. I don't think Erie does E&O anyways but haven't sold with Erie yet as I'm going over their rates/classes this week with my District Manager.

 

[BTFuzz]

I used them a few times for a business coach and accountant for E&O/GL. They are pretty easy to do business with. I don't think Erie does E&O anyways but haven't sold with Erie yet as I'm going over their rates/classes this week with my District Manager.

Erie does not do E&O....years ago they did, no more.

 

[Bertolinoins]

I don't deal with Erie here in CA but Philly is a good company. They do some things that other standard carriers won't like health clubs as mentioned... along with Private Schools/Camps, Apartments with Section 8, Mobile Home Parks, Hotels/Resorts and Lodges, Amusement Parks, Horse Tracks, Human service stuff with hair on it (rehab clinics, shelters, group homes), Gun Clubs, Truck stops, Rafting tour companies, etc. They are a good company to have because they write some odd non standard type business in a admitted market with 15% commish.

I wrote a fairly large ($75K) armored car company with them and they were 20% below the rest of the quotes coming in from an owner that shopped it very hard.

 

[sgriswold]

PHLY is good when used for their target classes. Excellent with nonprofits, schools, and D&O/EPLI/Cyber risks.

 

[Soaringagent]

They have some niche programs and target classes for insurance.