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The Hartford Enhances Property & Casualty Insurance Solution for Metal Manufacturers

Posted on 07 Jul 09

From valves and pipes to vehicle equipment and machine tools, metal manufacturing is an integral component of multiple sectors of the U.S. economy. Protecting the property and casualty exposures of midsize metal manufacturers represents an estimated $2.5 billion premium opportunity for insurers and producers. To help agents capture a greater share of this market, The Hartford Financial Services Group, Inc., has made significant enhancements to its insurance offerings for midsize metal manufacturers.

"Metal manufacturing presents a terrific opportunity for insurance agents across the U.S., particularly as anticipated investments in infrastructure, energy and transportation projects fuel demand for metal products," said John Beres, vice president of underwriting practices for The Hartford's Middle Market insurance segment. "As part of The Hartford's continued focus on delivering value to agents, we are pleased to announce these enhancements to make it easier for agents to place more metal manufacturing business with The Hartford."

Specific enhancements include:

1. Expanded Appetite: The Hartford now targets more than 100 classes of metal manufacturing business with an expanded appetite for general liability and property exposures. Additional classes include machinery and equipment, transportation equipment, and fabricated structural metal, among others.

2. More Flexible Underwriting: The Hartford has also broadened its coverage for the metal manufacturing industry with flexible underwriting and enhanced capabilities for more complex property exposures and tough products liability coverage with a variety of rating plan options.

3. Simplified Application Process: The Hartford has introduced a streamlined application and faster review process to make it easier for agents to place more of this business with The Hartford.

With more than 25 years of experience protecting metal manufacturers, The Hartford offers a broad range of insurance products to address both the simple and more complex risks that midsize and large metal manufacturers face. Specific coverages include general liability, workers' compensation, property, product liability, commercial auto, product recall, manufacturers' errors and omissions, shipper's interest and ocean cargo.

In addition, The Hartford offers loss control expertise and specialized claims service to help metal manufacturers control and reduce their losses and risk-related expenses. These services include specialized claims handlers for specific coverages; industry-tailored risk management seminars and dedicated loss control consultants for tough products exposures; an American Industrial Hygiene Association (AIHA)-accredited industrial hygiene laboratory; and value-added workers' compensation programs, including return-to-work and medical bill review.

"For years, agents have counted on The Hartford's comprehensive insurance solution to address the needs of their metal manufacturing clients," said Beres. "With our expanded appetite, more flexible underwriting and simplified application process, we look forward to helping agents increase their share of business in this industry."

To learn more about The Hartford's products for metal manufacturers, agents and brokers should contact their local Hartford Middle Market underwriter or contact to find an underwriter near them.

About The Hartford

Celebrating nearly 200 years, The Hartford is an insurance-based financial services company that serves households, businesses and employees by helping to protect their assets and income from risks, and by managing wealth and retirement needs. A Fortune 500 company, The Hartford is recognized widely for its service expertise and as one of the world's most ethical companies. More information on the company and its financial performance is available at