Posted on 08 Aug 03
Programbusiness Storefront Owner THOMCO http://www.programbusiness.com/tracking/sftracker.asp?SFid=185 reports that their national programs for Childcare, Assisted Living, Mental Health and the Developmentally Disabled will no longer be underwritten by TIG Insurance Company, but will be underwritten by members of the Glencoe Group. Subject to an accounts meeting the issuing carriers underwriting requirements, policies will be underwritten by Stonington Insurance Company on an admitted basis and the Lantana Insurance Ltd. On a non-admitted basis. Both companies have been assigned an A.M. Best group rating of A, IX. THOMCOs extensive specialty program expertise will complement the financial stability and experienced management of the Glencoe Group, which operates the individual risk operations of Renaissance Re Holdings. RenRe Holdings (NYSE: RNR) is one of the leading reinsurance/insurance companies in the world. THOMCA Child Care Choice is the endorsed Property & Casualty Program for the National Child Care Association (NCCA) and is the leading market for child care centers in the U.S. THOMCO also offers an In-Home Daycare program which is selected by the National Association for Education of Young Children (NAEYC) and recognized by the National Association of Family Child Care (NAFCC). THOMCOs Assisted Living Plus Program is a leading provider of insurance for facilities that cater to ambulatory adults. Finally, Mental Health Plus and Developmentally Disabled Pro offer coverage that is custom designed for those facilities. Other THOMCO national programs written through other carriers include Pest Control Plus and Hotel/Motel Pro. For more information on these programs, visit their storefront at http://www.programbusiness.com/tracking/sftracker.asp?SFid=185.
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