Cal-Surance Gets Piece Of Pizza Trade

NU Online News Service, Jan. 9, 9:39 a.m. EST? Orange, Calif.-based broker, Cal-Surance Associates, Inc., said yesterday it had gained a slice of the pizza delivery insurance market with the purchase of the Gail H. Murrell Insurance Agency of Rancho Cordova, Calif.

Terms of the purchase were not disclosed.

Murrell provides insurance for used car dealers, and auto service shops, but Cal-Surance noted its pizza restaurant owners program as a key asset.

The Pizza Owners Program is available to members of the National Association of Pizza Operators only. As a result of the acquisition, Cal-Surance said it will serve as the exclusive program manager. Travelers Insurance Company underwrites the program.

Cal-Surance said a unique and exclusive feature of the Pizza Owners Program is its liability coverage for employee-owned automobiles used for delivery. The program also provides commercial umbrella liability and workers' compensation, as well as coverage for business personal property, restaurant equipment, loss of business income, general liability, burglary, robbery, employee dishonesty, basic medical and employment practices liability.

The acquisition "provides us with a new and unique program and establishes a new relationship for our company with The Travelers Insurance Company," said Kenneth Masters, Cal-Surance president and chief executive officer.

Gail H. Murrell will remain with the company serving as a consultant. Cal-Surance said it does not anticipate any staffing changes with the acquisition.

Cal-Surance is an insurance sales, service and support organization comprised of several diverse and self-sustaining corporations, including Lancer Claims and United Networks, Inc. The company provides sales, claims, adjusting, risk management, reinsurance placement and excess and surplus lines operation.

The company is licensed across the United States and is an appointed agent/broker with more than 100 of the major insurance carriers.

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Cal-Surance Gets Piece Of Pizza Trade

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