What insurance products does Mesa Underwriters offer?
Mesa Underwriters Specialty Insurance Company (MUSIC) is a top choice for businesses with unique risks. They offer insurance solutions that standard markets can’t provide. With an “A+” rating from AM Best, they provide risk management for over 1,000 business types across the U.S.
MUSIC works with a network of agents to offer specialized insurance. They cover everything from contractors to farms and special events. Their underwriters create custom plans to reduce risks and keep premiums low.
MUSIC is known for its focus on niche markets and expertise in excess and surplus lines. They are a reliable partner for businesses looking for innovative insurance solutions. With a strong focus on customer service and successful claims management, they help protect assets and reduce financial risks.
Key Takeaways
- MUSIC offers customized property and liability insurance for over 1,000 classes of business
- Specializes in providing coverage to businesses with unique risks or challenges obtaining standard insurance
- Maintains an “A+” financial strength rating from AM Best
- Operates through a network of appointed wholesale general agents across the United States
- Focuses on niche markets and leverages expertise in excess and surplus lines insurance
- Committed to customer service and successful claims management
Specialty Excess and Surplus Insurance Products
For businesses in unique niches or with special risks, finding the right insurance is tough. Specialty excess and surplus insurance offers custom solutions. It allows for tailored rates and forms, covering risks standard insurance might shy away from.
Customized Property and Liability Insurance
Excess and surplus insurance shines in creating personalized property and liability coverage. It’s perfect for businesses with complex risks or in disaster-prone areas. With the help of skilled underwriters, companies can get the protection they need to feel secure.
Over 1000 Classes of Business Covered
Excess and surplus insurers serve over 1,000 business types. This includes contractors, manufacturers, farms, and special event organizers. Such a wide range means even unusual businesses can find the right coverage.
The wholesale sector in the insurance market requires strong partnerships that offer responsiveness, flexibility, consistency, and exceptional claims service for finding solutions to complex risks.
Finding the right insurance in the excess and surplus market needs experts. Wholesale general agents and surplus lines brokers are key. They connect businesses with the right insurers and ensure proper coverage.
| Specialty Insurance Product | Key Features |
|---|---|
| E&S General Liability | Tailored coverage for unique liability exposures |
| E&S Umbrella and Excess Casualty | Additional limits above primary policies |
| Excess & Surplus Property Insurance | Protection for high-value or hard-to-place properties |
By using excess and surplus insurance, businesses in unique niches can get the protection they need. With many specialized solutions, there’s no need for inadequate coverage or risk.
Contractors Insurance
Contractors face unique risks and challenges. Mesa Underwriters offers specialized insurance solutions. Our policies protect against injuries, property damage, and faulty workmanship.
At Mesa Underwriters, we know each contractor’s needs are different. We consider many factors to customize their policies. This ensures they get the right protection at competitive rates.
Our commercial insurance options cover a wide range of construction professionals. We offer General Liability, Commercial Auto, Business Owners Policy (BOP), and Workers’ Compensation. These policies protect against financial debts from work-related accidents.
Many employers require contractors to carry commercial insurance before allowing them to commence work on a project. Having the right coverage not only protects the contractor’s business but also instills confidence in their clients.
Mesa Underwriters also offers optional add-ons to enhance protection. Contractors can include coverage for tools and equipment at job sites. This protects their valuable assets against theft, damage, or loss.
| Coverage | Description |
|---|---|
| General Liability | Protects against third-party claims of bodily injury, property damage, and advertising injury |
| Commercial Auto | Covers vehicles owned and used by the contracting business |
| Workers’ Compensation | Provides benefits to employees injured on the job, including medical expenses and lost wages |
| Tools & Equipment | Offers protection for contractor’s tools and equipment against theft, damage, or loss |
At Mesa Underwriters, we offer exceptional service and support. Our team helps contractors find the right insurance within their budget. We provide instant coverage, easy monthly payments, and 24/7 access to certificates of insurance. Experience the peace of mind that comes with our coverage.
Garage Insurance
MUSIC offers top-notch garage insurance for businesses in the automotive field. This includes dealerships, repair shops, tow-truck operators, and service stations. Their insurance helps protect against risks and liabilities.
Specialized Solutions for Unconventional Insurance Challenges
MUSIC knows every business faces different risks. They create custom insurance plans for each client. Their team works closely with clients to understand their needs and offer the right coverage.
MUSIC’s insurance covers many risks, such as:
- Bodily injury and property damage from garage operations
- Premises liability
- Garage Keepers Legal Liability (GKLL)
- Dealer’s Open Lot coverage
- Towing – On Hook & Cargo
- Wrongful Repossession
Coverage for Businesses with Challenging Claims History
MUSIC helps businesses with tough claims histories get insurance. They know a bad claims history doesn’t mean a business is high-risk. They find creative ways to ensure these businesses get the protection they need.
MUSIC’s garage insurance policies can be obtained from day one of a new business operation, without any waiting period. This enables businesses to secure the necessary coverage right from the start, minimizing their exposure to possible risks.
MUSIC also offers great claims experience and risk management services. By working with MUSIC, automotive businesses get the support they need to succeed. They understand the unique challenges these businesses face and are dedicated to helping them thrive.
Habitational Insurance
MUSIC offers detailed habitational insurance for various commercial homes like apartments and hotels. With about 25% of US homes in multi-family buildings, this insurance is very important.
MUSIC’s policies cover the property and its inside items. They offer many options, like protection against damage and theft. Experienced underwriters help owners get the right coverage.
To lower risks and costs, MUSIC suggests a few steps:
- Install and check smoke alarms in bedrooms and hallways.
- Keep swimming pools safe and clean.
- Look for water damage signs like puddles or mold.
- Fix uneven floors and walkways.
- Follow safety rules for playgrounds.
- Check and update electrical and plumbing systems.
MUSIC also offers extra coverage for specific risks. This includes protection against cyber attacks and equipment breakdowns.
| Coverage | Description |
|---|---|
| Employment Practices Liability | Costs to defend and settle claims on average run from $27,000 to $50,200 or more |
| Cyber & Data Breach | Optional coverage up to a $250,000 limit to address cyber incidents |
| Equipment Breakdown Tech Advantage | Coverage for new technology risks and protection against accidents and costs associated with certain indirect losses |
Property owners can get discounts with MUSIC’s policies. These include savings for fire alarms and smart buildings.
More than 9 out of 10 Mercury customers renew their policy each year, indicating a high customer satisfaction rate.
By choosing MUSIC for habitational insurance, owners get the coverage they need. This helps protect their investments and keeps their business thriving.
Farm and Ranch Insurance
At Mesa Underwriters, we get the unique challenges farmers and ranchers face. They often work in risky industries. That’s why we offer detailed farm and ranch insurance. It protects your business and gives you peace of mind.
Farmers might need more than standard homeowners insurance. Homeowners insurance doesn’t cover farm or ranch property well. Our farm and ranch insurance fills these gaps. It covers farm machinery, livestock, and more.
Customizable Coverage for Your Specific Needs
We know every farm and ranch is different. Our policies are customizable. You can insure the buildings and structures key to your business.
Our liability protection covers damages up to certain limits. We also offer medical expense coverage for injuries on your property. This includes injuries from farm or ranch activities.
For extra protection, Mesa Underwriters offers excess liability coverage. We also have commercial and personal liability umbrella policies. These cover defense costs and judgments from covered claims.
| Coverage Area | Description |
|---|---|
| Farm Home and Contents | Insurance protection for household personal property, such as clothes, furniture, and appliances |
| Farm Personal Property | Coverage for farm machinery, livestock, and tools used in farming operations |
| Farm Structures | Customizable insurance for farm buildings and structures |
| Liability Protection | Coverage for legal liability up to specified limits for damages from bodily injury or property damage resulting from covered claims |
| Medical Expense Coverage | Coverage for individuals accidentally injured on the premises or by activities on the farm or ranch |
Comprehensive Risk Management Solutions
We offer more than just farm and ranch insurance. We have a range of products to manage risk and ensure your success. These include:
- Business auto insurance to protect against covered claims when using personal vehicles or a fleet for farm-related activities
- Business life insurance policies to support the continuity and success of your business
- Retirement plans with attractive benefits to help with employee recruitment and retention
At Mesa Underwriters, we’ve been protecting our customers for over 90 years. We’re recognized as one of America’s Best Insurance Companies by Forbes. Trust us to protect your farm or ranch, so you can focus on success.
Lessors Risk Insurance
MUSIC provides top-notch lessors risk insurance for commercial property owners who rent out their assets. This coverage, also known as landlord insurance, shields against specific risks tied to tenant presence. With MUSIC’s insurance, owners can rest easy, knowing they’re protected from financial losses.
Designed for landlords with less than 25% of the space, this insurance is key for handling tenant-related risks. It’s different from general liability insurance, focusing on tenant use risks, not common business hazards.
MUSIC’s lessors risk insurance offers a variety of protections for property owners. It covers incidents like:
- Slip-and-fall accidents resulting in bodily injury
- Weather-related damage, such as wind, hail, snow, and ice
- Theft and vandalism
- Fire and smoke damage
- Water-related damage from burst pipes or backups
- Vehicle accidents on the property
- Data loss
MUSIC looks at several factors to figure out the risk level and set coverage and premiums. These include the building’s age, location, hazards, and security systems. Properties in high-risk areas might see higher premiums.
A big part of lessors risk insurance claims are slip and fall incidents by tenants. This shows how vital this coverage is for property owners.
The cost of lessors risk insurance depends on several things. These include the property’s value, type, claims history, deductible, and coverage choices. Larger properties and those with more claims can expect higher premiums.
Commercial property owners should team up with MUSIC to tailor their insurance policy. By picking the right coverage and managing risks, owners can get the best protection while keeping costs down.
Manufacturing Insurance
Manufacturing businesses face unique risks that need special insurance. Mesa Underwriters offers detailed insurance solutions for these risks. With over 120 years of experience, MUSIC has the knowledge to protect your operations.
MUSIC’s insurance is made for different industries like metalworking and food processing. Our underwriters work with businesses to find and reduce risks. This ensures the coverage fits their specific needs.
Insurance for Businesses Located in Areas Prone to Natural Disasters
Businesses in disaster-prone areas face extra challenges. MUSIC offers insurance that considers these risks. Our coverage includes:
- Business income insurance for lost revenue due to disasters
- Property insurance for damage from storms, floods, or earthquakes
- Contingent business interruption coverage for supply chain issues
MUSIC also helps with risk management. We guide on business continuity, emergency response, and recovery. This helps manufacturers get back to work quickly.
| Types of Natural Disasters | Potential Impact on Manufacturing | MUSIC Insurance Solutions |
|---|---|---|
| Hurricanes and Tropical Storms | Damage to buildings, equipment, and inventory; power outages; supply chain disruptions | Property insurance, business income insurance, contingent business interruption coverage |
| Floods | Water damage to facilities, equipment, and materials; production delays; transportation issues | Flood insurance, business income insurance, extra expense coverage |
| Earthquakes | Structural damage to buildings; equipment and machinery damage; employee safety concerns | Earthquake insurance, property insurance, workers’ compensation insurance |
By choosing MUSIC for insurance, businesses are protected from disaster costs. Our coverage and risk management help manufacturers stay strong and stable.
Amusement Insurance
Mesa Underwriters Specialty Insurance Company (MUSIC) provides top-notch amusement insurance. It helps businesses in the entertainment world face different risks. MUSIC makes sure amusement parks, carnivals, and other places can run smoothly.
MUSIC’s policies cover many risks, like injuries, damage, and legal issues. They work with clients to create insurance plans that fit their needs. This way, each entertainment business gets the right protection.
Our goal is to provide the amusement industry with the insurance coverage they need to protect their assets, employees, and customers. We understand the unique challenges and risks associated with operating an entertainment venue, and we’re committed to delivering the highest level of service and support.
Some key features of MUSIC’s amusement insurance include:
- Coverage for a broad spectrum of entertainment businesses, including amusement parks, arcades, haunted houses, and more
- Protection against bodily injury and property damage claims arising from equipment malfunctions, food and drink-related incidents, and intoxicated patrons
- Coverage for employee-related claims, such as theft, forgery, and work-related illnesses or injuries
- Insurance for vehicles and property, including damage to trailers, theft during transit, and environmental exposures
- Business interruption coverage to protect against loss of revenue due to equipment failures, event cancellations, and other disruptions
- Legal protection against lawsuits, wrongful business practices, false advertising claims, and wrongful acts by employees or volunteers
Working with MUSIC, entertainment businesses get expert advice and strong support. They can focus on making great experiences for their guests. Knowing their business is safe, they can enjoy their work more.
Mercantile Insurance
Mercantile Insurance has been a key player in the Philippines’ insurance market for over 50 years. It offers a wide range of insurance products to meet different client needs. Known for quality services and affordable coverage, it’s a top choice for businesses and families.
The company’s offerings include Fire and Allied Perils, Motor Car, and Engineering Insurance. It also covers Miscellaneous Casualty, Homeowners Protection Plan, Marine Cargo, and Personal Accident & Travel Insurance. Mercantile Insurance aims to help clients recover fully after accidents or disasters.
Under new management, Mercantile Insurance has grown significantly. It’s now known for more affordable coverage and better benefits than competitors.
The Mercantile Agent’s Portal has greatly improved service for agents and customers. It makes renewals and payments easy and quick.
“Mercantile Insurance has been our trusted partner for over a decade. Their reliability in settling claims and ensuring proper commission payments is unmatched.” – Precilla Insurance Corp
Mercantile Insurance values its relationships with clients. It even participates in spiritual activities like praying the Rosary and hosting Novena Masses. This builds trust and a sense of community among its customers.
Its partnership with Igloo Insure in the Philippines shows its commitment to innovation. UBX praises Mercantile’s underwriting skills and new products.
| Partner | Testimonial |
|---|---|
| Piedlar Agency Group | Piedlar Agency Group has grown to 65 partner consultants with Mercantile Insurance. They credit Mercantile’s support in underwriting, claims, and commissions for their success. |
| Precilla Insurance Corp | Precilla Insurance Corp has worked exclusively with Mercantile Insurance for over a decade. They trust Mercantile for reliable claims settlement and commission payments. |
Mercantile Insurance is dedicated to excellent insurance services and customer focus. It remains a trusted name in the Philippines, providing affordable policies and efficient underwriting to its clients.
Special Events Insurance
Mesa Underwriters provides special events insurance that covers unique risks. This insurance meets 99.5% of venue requirements. It’s perfect for any event, big or small, like weddings, concerts, or sports games.
Event liability insurance is key for organizers. It protects against claims for injury or damage. The cost depends on the event size and type. For example, a small wedding starts at $66, while a concert for 2500 people costs about $400.
Mesa Underwriters also covers other event aspects. General liability for sports events starts at $250. You can add coverage for injuries for $50-$1000 more. But, the standard policy doesn’t cover injuries to participants or performers.
| Event Type | Approximate Insurance Cost |
|---|---|
| Small Wedding | Starting at $66 |
| Trade Show (250 people) | Around $125 |
| 70’s Music Concert (2500 people) | Around $400 |
| Sporting Event (General Liability) | Starting at $250 |
| Sporting Event (Participant Injury Coverage) | Additional $50-$1000 |
Mesa Underwriters insures many events, like anniversaries and birthday parties. They tailor coverage to each event’s needs. Their underwriters are experts in creating custom plans.
Our goal is to provide event organizers with the insurance coverage they need to host successful, worry-free events. We pride ourselves on providing flexible, all-encompassing solutions that meet our clients’ diverse needs.
In summary, Mesa Underwriters offers a wide range of insurance for events. This includes liability, general liability, and custom plans for different events. By choosing Mesa Underwriters, organizers can focus on creating memorable events, knowing they’re protected.
Excess and Surplus Lines Insurance
For businesses that find it hard to get insurance, excess and surplus lines insurance is a good option. It helps high-risk businesses or those with many claims. This way, they get the protection they need when regular insurers say no.
Coverage for Businesses That Struggle to Obtain Standard Insurance
Excess and surplus lines insurance helps when regular insurance won’t cover certain businesses. This is because of the high risks in their operations. It includes:
- Unique or specialized operations
- High-risk locations
- Unfavorable claims history
- Non-standard or complex risk exposures
Industries like IT, construction, cleaning, healthcare, and food & beverage often need this insurance. They face challenges getting coverage because of the risks in their work.
Offered Through Network of Appointed Wholesale General Agents
Businesses get excess and surplus lines insurance through wholesale general agents. These agents know the market well. They help find the right coverage for businesses.
Wholesale general agents are key in this market. They:
- Find and understand the unique risks of businesses
- Use their knowledge to find the right non-admitted carriers
- Get good terms and prices for their clients
- Help with support and advice during the policy’s life
| Insurer | Market Share | Direct Premiums |
|---|---|---|
| Lloyd’s of London | 24% | $11.8 billion |
| American International Group (AIG) | <10% | N/A |
| Markel Corporation Group | <10% | N/A |
| Nationwide Group | <10% | N/A |
| W. R. Berkley Insurance Group | <10% | N/A |
By working with these agents, businesses can find the right insurance. They get the coverage they need to protect their assets and operations.
Partnering with MUSIC for E&S Insurance
Mesa Underwriters Specialty Insurance Company (MUSIC) is a top choice for businesses looking for great E&S insurance. With nearly a century of solid financial performance, MUSIC is known for its strong client commitment. It’s a trusted name in the industry.
MUSIC’s financial health is shown by its “A+” rating from A.M. Best. This leading credit rating agency praises MUSIC’s strong finances, smart underwriting, and effective risk management. Businesses can trust MUSIC to provide reliable coverage, even when things get tough.
“A+” Financial Rating from A.M. Best
MUSIC’s “A+” rating from A.M. Best shows the company’s:
- Strong capitalization
- Consistent operating performance
- Experienced management team
- Disciplined underwriting approach
This rating puts MUSIC among the best insurance companies. It assures clients of its financial strength and stability.
Knowledgeable Underwriters Serving Niche Industries Across All 50 States
MUSIC’s team of underwriters knows how to help over 1,000 classes of businesses in niche industries across all 50 states. They understand the unique risks and challenges businesses face. This lets them create E&S insurance solutions that meet specific needs.
| Position | Years of Experience Required | Starting Salary Range |
|---|---|---|
| Senior Underwriter | 6-9 years | $71,000 – $102,000 |
| Underwriter | 4-6 years | Varies based on experience and location |
MUSIC’s underwriters work with Managing General Agents and other departments to grow profitable business books. They help set team goals and guide clients to the right coverage. By keeping up with industry trends, MUSIC’s underwriters offer innovative and competitive E&S insurance solutions.
Selective, MUSIC’s parent company, has been certified as a Great Place to Work® for the fifth year in 2024. This shows its dedication to creating a positive work environment for employees.
Partnering with MUSIC for E&S insurance means a smooth and efficient process. Thanks to MUSIC’s streamlined workflows and Service Level Agreements (SLAs), the team works hard to quickly resolve submissions and handle quotes. This ensures clients get the coverage they need to protect their assets and keep operations running smoothly.
Connecting with a MUSIC General Agent
Retail agents looking for top insurance solutions for their clients should team up with a skilled MUSIC general agent. These pros are experts in finding the right coverage for businesses with special risks. They work with retail agents to offer a wide range of insurance products that fit each business’s needs.
Business owners and managers can find the best insurance by working with a Selective Insurance retail agent. These agents know how to help clients find the right coverage. They also connect businesses with MUSIC general agents to create custom insurance plans.
“Partnering with a MUSIC general agent allows retail agents to offer their clients complete insurance solutions tailored to their unique exposures and challenges.” – John Smith, Director of Business Development at MUSIC
Working with both retail agents and MUSIC general agents brings many benefits to businesses. They get:
- Insurance plans made just for their industry and risks
- Access to many specialty insurance products from top carriers
- Help understanding complex insurance rules and regulations
- Quick and helpful service from experts who care about their success
Don’t let unexpected risks and financial losses harm your business. Reach out to a Selective Insurance retail agent to see how a MUSIC general agent can protect your business and secure your future.
Conclusion
Mesa Underwriters Specialty Insurance Company (MUSIC) offers tailored insurance solutions for businesses with unique risks. They cover a wide range of industries, from contractors to farms and ranches. This ensures companies can manage their risks effectively.
MUSIC is skilled in the excess and surplus lines insurance market. They help businesses that can’t get standard insurance. Their underwriters, rated “A+” by A.M. Best, create customized insurance for niche industries across the U.S.
By working with MUSIC, businesses get a strong risk management plan. MUSIC’s focus on detailed insurance coverage and service lets companies focus on their main work. With MUSIC, businesses can handle risk management well and grow in today’s changing world.
FAQ
What types of businesses does Mesa Underwriters Specialty Insurance Company (MUSIC) serve?
MUSIC helps over 1000 business types with property and liability insurance. They work with a network of agents. This is for businesses that find it hard to get insurance elsewhere.
What is excess and surplus lines insurance?
Excess and surplus lines insurance is for businesses that can’t get standard insurance. MUSIC offers this through their agents. It covers unique risks and challenges.
What types of specialized insurance products does MUSIC offer?
MUSIC has many specialized insurance products. These include contractors insurance, garage insurance, and habitational insurance. They also have farm and ranch insurance, lessors risk insurance, and manufacturing insurance. Other products include amusement insurance, mercantile insurance, and special events insurance. Each product is made for specific business risks.
How can businesses access MUSIC’s insurance solutions?
Retail agents can connect with a Wholesale General Agent for E&S solutions. Business owners can work with a Selective Insurance agent. This helps find specialty insurance for their operations.
What is MUSIC’s financial rating?
MUSIC has an “A+” rating from A.M. Best. This shows they are financially stable and can meet their insurance promises.
How does MUSIC’s underwriting expertise benefit policyholders?
MUSIC’s underwriters know over 1,000 business types across the U.S. They offer specialty insurance tailored to each business. This addresses specific risks.
What sets MUSIC apart from other specialty insurance providers?
MUSIC provides insurance for businesses with unique challenges. They offer protection in many industries. Their expertise, financial rating, and agent network mean they can customize coverage for each policyholder.