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Great American Design Professionals a/e ProNet – Fall 2017 9/27/17

Learn about Great American Insurance Group's financial strength and the comprehensive product offerings of Great American Design Professionals. Discover the benefits, coverage options, and innovative features of their insurance plans.

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Great American Design Professionals a/e ProNet – Fall 2017 9/27/17

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  1. Great American Design Professionals a/e ProNet – Fall 2017 9/27/17

  2. a/e ProNet Presentation - Agenda • Financial Strength • Product • Business Statistics • Risk Management • Claims Management • Business Support • Product Innovation Great American Design Professionals - a/e Pronet 9/27/17

  3. a/e ProNet Presentation – Financial Strength Great American Insurance Group’s roots go back to 1872 with the founding of its flagship company, Great American Insurance Company A.M. Best rated A+ (Financial Size XIV) The Numbers Tell The Story There are over 3,000 property and casualty insurance companies in the US. Only 50 are included on the Ward’s 50 List for safety, consistency, and performance. Only 5 have been rated “A” or better by A.M. Best for over 100 years. Only 2 are on both lists. Great American Insurance Company is 1 of the two. Great American Design Professionals - a/e Pronet 9/27/17

  4. a/e ProNet Presentation –Financial Strength Great American Design Professionals - a/e ProNet 9/27/2017

  5. a/e ProNet Presentation - Product • Billings up to $25,000,000 • Limits up to $5 million per claim/$5million aggregate • $0 Deductible option available • Multi-year policies available • Low minimum premiums: • $1,200 for $250,000 per claim/$250,000 aggregate • $1,400 for $500,000 per claim/$500,000 aggregate • $1,600 for $1,000,000 per claim/$1,000,000 aggregate • Filed credits for use of Limitation of Liability and BIM (up to 25%) • True worldwide coverage Great American Design Professionals - a/e ProNet 9/27/17

  6. a/e ProNet Presentation - Product • Early resolution deductible credit • 75% Deductible reduction for claims resolved within one year (up to $25,000) • 50% Deductible reduction for claims resolved at mediation in years 2 & 3 • Security Incident Reimbursement (1st Party) • $10,000 per incident/$20,000 aggregate • Non-Profit D&O Reimbursement • $10,000 per policy period • Public Relations Crisis Expense Reimbursement • $10,000 per crisis/$30,000 aggregate Great American Design Professionals – a/e ProNet 9/27/17

  7. a/e ProNet Presentation - Product • Reimbursement for Loss of Earnings • $500 per day/$7,500 per claim/$25,000 aggregate • Defense of Disciplinary Actions • $10,000 per incident/$20,000 aggregate • FHA, OSHA and ADA Proceedings Reimbursement • $25,000 per policy period • Personal Injury Coverage • Coverage for Pro-bono Services • No Hammer Clause Great American Design Professionals – a/e ProNet 9/27/17

  8. a/e ProNet Presentation – Product Spotlight • Early resolution deductible credit • Actual Claim resolution required • Security Incident Reimbursement (1st Party) Unauthorized access to, or use of, data containing private or confidential information which results in the violation of any privacy regulation. REIMBURSABLE EXPENSES: cyber forensic analyst – cost to investigate extent of the incident attorney/consultant fees for privacy law compliance, notification, and credit monitoring credit monitoring fees NOT REIMBURSABLE IT vendor services to remediate the problem repair, replacement, or installation of computer equipment, hardware, software, etc. Insured’s time investigating the incident ransom CONTACT GREAT AMERICAN ASAP – WE HAVE EXPERT VENDORS TO ASSIST Great American Design Professionals – a/e ProNet 9/27/17

  9. a/e Pronet Presentation – Business Statistics 2016 • 4511 applications received • 3686 quotes sent • Average time to quote = 3.4 days • Number of same day quotes = 1585 (45%) • Binders Issued Same Day = 97% Great American Design Professionals – a/e ProNet 9/27/17

  10. a/e Pronet Presentation – Business Statistics 2017 – YTD • 3617 applications received • 2929 quotes sent • Average time to quote = 3.3 days • Number of same day quotes = 1259 (43%) • Binders Issued Same Day = 98% Great American Design Professionals – a/e ProNet 9/27/17

  11. a/e ProNet Presentation – Risk Management • Quarterly Newsletters • Webinars for CE Credits • Contract Review Both Internal & External • Practice Management Content Great American Design Professionals – a/e ProNet 9/27/17

  12. a/e ProNet Presentation – Claim Management • Claim Procedures • Panel Counsel • Resources • Timing Great American Design Professionals – a/e ProNet 9/27/17

  13. a/e Pronet Presentation – Innovation • Online Portal • Easy access to all program information • Loss runs, billing, quoting • Emerging Risks • Cyber, Drones, Crime • Risk management • Business Management • Client/Project Checklists • Co-Branded Webinar Series • Product Filing • Preferred Risk Application • Loyalty Deductible Credit Great American Design Professionals – a/e ProNet 9/27/17

  14. Design Professionals – Online Portal Great American Design Professionals – a/e ProNet 9/27/17

  15. Design Professionals THANK YOU! David Blue Joe Miller Dblue@gaig.comJsmiller2@gaig.com (443) 401-3087 (240) 459-5392 Kim DeMarino Jordan Wells Kdemarino@gaig.comJmwells@gaig.com (224) 229-8522 410-381-8042 Great American Design Professionals – a/e ProNet 9/27/17

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