High Value - Chubb & Who Else?

Oct 2, 2015

  1. insurance1822
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    insurance1822 Guru

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    Anybody know of one besides ACE? I got a guy w/ Chubb...$5,800,000 coverage A. Encompass / Travelers talk a good game but i doubt they'll write it.

    Is there anybody else in High Value?
     
  2. Arnage150
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    Arnage150 Guru

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    AIG Private client
    Pure
     
  3. insurance1822
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    insurance1822 Guru

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    Thanks, I wasn't familiar w/ these 2. It appears PURE doesn't have many agents near me so is it hard to get appointed w/ them? I don't do much high value stuff so I don't know if it's worth it.

    Are you appointed w/ these 2?
     
  4. Arnage150
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    Arnage150 Guru

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    I am not. I access AIG through a wholesaler. Many of them have them. Ask around.
     
  5. shawnmwalker
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    shawnmwalker Guru

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    Nationwide Private client. Formerly Creastbrook.


    In Case you did not know ACE is buying Chubb.
     
  6. dean8287
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    dean8287 Expert

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    Allied, AIG, or Fireman's fund may be able to help. I remember the Allied rep telling us about how their high value home program insures a lot of celebrities in CA. They did roll out the program about 2 years ago in PA. I have used them for some high value homes but nothing that large.
     
  7. TexasInsuranceNow
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    Pure is fantastic.
     
  8. BigSteve
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    BigSteve Super Genius

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    ACE has purchased Fireman's Fund as well.
     
  9. Texasproducer
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    Texasproducer Super Genius

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    I've been impressed with Nationwide Private Client if you have them in your state. They've only rolled out the product in 8 or 9 states now.

    I am still leery of Pure. Owned by a hudge fund and not much in the way of Assets. AM Best has them listed as:
    Financial Size Category:
    VIII ($100 Million to $250 Million)
    Pure is cheap, but the first question I ask my high value clientele is: "do you feel comfortable being insured by a company that has less assets than you do?"
     
  10. shawnmwalker
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    shawnmwalker Guru

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    That made me chuckle. Really it, really did.
     
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