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SUM Highlights Several Developments in its Growth as Canadas Leading Casualty MGA.


March 12, 2014   by SUM Insurance (Strategic Underwriting Managers Inc.)

SUM Insurance

Embarking on its fourth year of operation, SUM highlighted several developments in its growth as Canada’s leading casualty MGA.

 

 

 

STAFF:

SUM Insurance (Strategic Underwriting Managers Inc.) welcomed its 14th team member, Irwin Ginsler,  March 1st. “We worked with Irwin for many years in the past, and are thrilled to have him join the SUM Team”, said Rick Degrace, Vice President.  Irwin is located in Toronto, concentrating his decades of experience on our E&O/D&O offerings.

Meanwhile SUM has bolstered several of its product offerings, including:

 

This segment is known for innovation and technological intensity- creating complex insurance placements.  So “SUM has deepened its partnership with Lloyds’ specialists in this field”, said Jeff Somerville, President, “who work collaboratively with us to deliver an inimitable solution aimed at Biotech, Medical & Health product, and R & D companies”.  SUM’s policy comes in a menu format including:

General liability: for premises and operations, with the usual extensions;

Products liability: with appetite for substances and ingredients most can’t cover, including US sales;

Clinical Trials Liability: admitted in over 65 territories including the US, and with no-fault compensation;

Errors and Omissions: essential for service companies such as contract research organizations.

We offer easy access to up to $100M in A rated capacity, competitive commissions and rapid service.

 

“Driven by its inherent “failure to perform” hazard, the Protection Industry demands a customized bundle of coverage” says Mary Georgas, Assistant Vice President. SUM has assembled broad coverage, quality capacity and industry leading expertise together to solve even your most challenging placements. Our bundle of CGL, Professional, Property & Crime coverage is the most flexible in the country. SUM can write these coverages mono-line or as a package to meet your needs.

Our appetite includes, but is not limited to:

Security Guard Services (including airport work, special events and doormen in most cases), Armoured Car services,  Bailiffs,  Private Investigators, Training centres and academies, Sprinkler contractors,  Alarm Monitoring,  Fire Extinguishers & CO2 and Alarm & CCTV installation and service, Locksmiths, Telephone Answering – Paging and Call Centres, Manufacturers/Distributors of Protection Systems, and  US products liability without a sales limit.

We have $15M in capacity in house and very competitive pricing and commissions.

 

For more information, please contact:

SUM and Life Science:

 

Security:

 

E&O/D&O:

 

About Strategic Underwriting Managers Inc. operating as SUM Insurance:

SUM Insurance is an independent Managing General Agent serving Canada coast to coast through offices in Montreal and Toronto. Our product suite includes Commercial General Liability, Umbrella & Excess, Environmental Impairment, Errors & Omissions, Directors & Officers, Product Recall, Life Science, Security & Protection and Marine insurances. For full information please visit our website www.suminsurance.ca.

SUM Insurance

Underwriting. Optimized.


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