With an epic blizzard on the horizon, working boilers and other types of machinery will be of the utmost importance this week. With that in mind, we take a look at the top 20 insurers of Boiler & Machinery in Massachusetts along with a few facts about the size and composition of this market.
Fast facts about this line of insurance…
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A total of 126 companies write Boiler & Machinery in Massachusetts.
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The total Direct Written Premium for this line of insurance is $29,448,317 dollars.
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The top 20 insurers have a combined Direct Written Premium of $24,775,789 dollars.
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This represents an 84.1 % share of the market
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The remaining 106 companies have Direct Written Premium of $4,672,528 dollars representing a 15.9% share of the marketplace.
And the top 20 are…
Company Name | State | Premium Written in MA | Market Share in MA |
Factory Mut Ins Co | RI | $ 7,152,256 | 24.29% |
Federal Ins Co | IN | $ 2,518,301 | 8.55% |
Affiliated Fm Ins Co | RI | $ 1,869,774 | 6.35% |
Zurich Amer Ins Co | NY | $ 1,330,553 | 4.52% |
Continental Cas Co | IL | $ 1,306,779 | 4.44% |
Travelers Prop Cas Co Of Amer | CT | $ 1,272,960 | 4.32% |
National Union Fire Ins Co Of Pitts | IN | $ 1,231,813 | 4.18% |
New Hampshire Ins Co | PA | $ 1,059,513 | 3.60% |
Hartford Steam Boil Inspec & Ins Co | CT | $ 947,217 | 3.22% |
Westport Ins Corp | MO | $ 868,469 | 2.95% |
Liberty Mut Fire Ins Co | WI | $ 868,259 | 2.95% |
Aspen Amer Ins Co | TX | $ 706,437 | 2.40% |
Selective Ins Co Of SC | IN | $ 620,200 | 2.11% |
American Guar & Liab Ins | NY | $ 506,408 | 1.72% |
Great Northern Ins Co | IN | $ 467,381 | 1.59% |
Travelers Ind Co | CT | $ 446,778 | 1.52% |
Vigilant Ins Co | NY | $ 422,750 | 1.44% |
Acadia Ins Co | NH | $ 418,181 | 1.42% |
Universal Underwriters Ins Co | IL | $ 385,975 | 1.31% |
Phoenix Ins Co | CT | $ 375,785 | 1.28% |