News from Liberty Mutual Insurance, Fenris Digital, Norman-Spencer and more. (Photo: Shutterstock)
Liberty Mutual Insurance launched of a new motor cargo product for the small commercial market. This ground-up build was created to better serve the emerging last mile and gig economy delivery segments, including the regional operators and individual proprietors that transport goods from a distribution hub to its final destination. With lowered limits, a comprehensive base contract and a broad set of proprietary coverage options – this new offering is the most flexible motor truck cargo product on the market.
Fenris Digital achieved SOC 2 compliance. Held as the gold standard of compliance reports, the American Institute of Certified Public Accountants SOC 2 certification assures Fenris' customers the company has achieved the highest level of information security and data protection procedures. This certification ensures that all information stored on Fenris' platform is secured to the design and structure of the proper controls, policies and procedures.
Norman-Spencer created an exclusive Risk Purchasing Group with The Hanover Insurance Group. This new program provides RPG members with the buying power of Norman-Spencer's real estate professionals. It delivers competitive rates and risk management advantages alongside significant cost savings and enhanced coverages.
Builders & Tradesmen's Insurance Services, Inc. announced exclusive access to a newly expanded workers' compensation coverage option – now available in six states. This expansion of workers' compensation insurance comes at an opportune time, as new construction is predicted to reach unprecedented heights in 2022. As the demand for coverage rises, it is increasingly vital for insurance providers to address the liability concerns that are unique to this market.
Wallace & Turner, Inc acquired Guarantee Insurance Agency, effective January 1, 2022. Founded in 1907, Guarantee Insurance Agency has been operated by Jim and Gaylee Ross for over 25 years, offering personal, business and life coverage to the Springfield community.
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