Special Section sponsored by TMPAA

   

Great American Insurance Group

In the Alternative Markets Division, we share with our agents the opportunity to offer multi-line products for a wide class of businesses, including: property, general liability, automobile, workers compensation, and other optional umbrella and excess coverages

The Alternative Markets Division of Great American Insurance Group specializes in the development of long-term, profitable captive partnerships

In a marketplace riddled with ups and downs, we believe that disciplined underwriting, effective claim management and aggressive loss control efforts should be rewarded. A thorough understanding of business operations, market conditions and risk exposures should lead not only to the establishment of long-term, stable relationships, but also to the opportunity to participate in the program’s risk, underwriting profit and investment income.

The members of Target Markets Program Administrators Association (TMPAA)—the program administrators, agents, associations, buying groups, franchisors and other business organizations—deserve the opportunity to transform their commercial insurance program into a rewarding risk-sharing partnership. Our captive business model is the answer.

Great American works with agencies, industry associations and groups of commercial accounts to establish captive insurance companies for the purpose of stabilizing insurance costs, diversifying revenue streams and/or gaining control of a firm’s financial future. By pairing operating discipline with a flexible risk-sharing business model, we intelligently design captive partnerships to leverage expertise and minimize expense. Each relationship is uniquely and deliberately structured so that we are able to deliver a degree of franchise value that is unparalleled in today’s market.

As a member of TMPAA, we enjoy the opportunity to cultivate relationships with quality program specialists interested in learning more about captives and the benefits of risk participation. We are entertaining new business opportunities with entrepreneurial organizations and are excited to participate in the 2008 TMPAA annual meeting October 13-15, 2008.

For more information, please contact:
Sarah Comerford, scomerford@gaic.com, (513) 412-4331

Great American Insurance Group’s roots go back to 1872 with the founding of its flagship company, Great American Insurance Company. Based in Cincinnati, Ohio, the operations of Great American Insurance Group are engaged primarily in property and casualty insurance, focusing on specialty commercial products for businesses, and in the sale of annuities and supplemental insurance products. The members of the Great American Insurance Group are subsidiaries of American Financial Group, Inc. (AFG), also based in Cincinnati, Ohio. AFG’s common stock is listed and traded on the New York Stock Exchange (NYSE) and NASDAQ under the symbol “AFG.” The Great American Pooled Insurance Companies are rated “A” (Excellent) by A.M. Best (as of December 17, 2007). *