• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Contact Us
  • Sponsor An Email
  • Post A Job
  • Merger & Acquisition Services

Agency Checklists

Massachusetts Insurance News & More

You are here: Home / Partner News | Sponsored Articles / Company News / Hospitality Insurance Group Announces New BOP Program

Hospitality Insurance Group Announces New BOP Program

January 20, 2022 by AC Editor

Created in Response to Industry Demand for Streamlined Insurance Coverage Options

Hospitality Insurance Group has announced the creation of its first-ever Businessowners Policy (BOP) for commercial policyholders. Effective January 2022, this specialized insurance coverage is now available to existing liquor liability policyholders as well as a variety of other main street businesses.

Hospitality Insurance Group specializes in providing liquor liability coverage to businesses that serve or sell alcohol. They also offer a CPP policy and Excess liability coverage.  These products generally fit well for establishments with higher alcohol sales and where the client may have needs that require special placement of the other lines of business. Liquor liability is available on a monoline basis or as part of the CPP policy. The new BOP was created for clients with lower alcohol sales levels in lower hazard classes of business and for businesses that do not sell alcohol.  The program provides Hospitality Insurance Group with the opportunity to now offer coverage to restaurants from fast food to fine dining, with or without alcohol, liquor stores, convenience stores (without gas) and many “Main Street” businesses, whether they sell alcohol or not.

“We are pleased to enhance our commercial insurance coverage options at a time when so many small businesses need trusted guidance,” said Richard Welch, Jr., President & CEO of Hospitality Insurance Group. “The addition of the new BOP program will allow us to further support our existing liquor liability policyholders, and also expand our service to all small businesses looking to safeguard their livelihoods.”

The BOP Program will be available in the following states that Hospitality Insurance Group currently writes insurance, including; Connecticut, Massachusetts, New Hampshire, North Carolina, Pennsylvania, and Rhode Island. Hospitality Insurance Group is now accepting new agency appointments and will be launching an innovative agent portal to provide instant access to quoting, issuance capability, policy documents, and billing and loss information.

Hospitality Insurance Group is also maintaining an FAQ page to answer questions relating to the new BOP Program:  https://hmic.com/about-us/bop-frequently-asked-questions/.

Source: HMIC

Print Friendly, PDF & Email

Filed Under: Company News Tagged With: Agency Checklists, Hospitality Insurance Group, Mass. Insurance News, massachusetts insurance news, New England Insurance News

Primary Sidebar

Sponsored

Sponsored

Latest Agency Sales

Patriot Growth Adds Two Employee Benefit Agencies in Massachusetts

Cross Insurance Acquires Two More Massachusetts Insurance Agencies & Opens A New Office in Newburyport

Q1-2022 Sees A Decline in U.S. Mergers & Acquisitions Activity

Insurance Agency Mergers & Acquisitions in Mass. | Q1-2022

Insurance Agency Mergers & Acquisitions in Mass. | Q1-2022

More Agency Sales

Career News

Two New Appointments At Preferred Mutual

Agency Checklists, MA Insurance News, Mass. Insurance News, MA Life Insurance Companies, Boston Mutual

Boston Mutual Life Insurance Company Appoints David Martin as Vice President and Chief Information Officer

Satellite Agency Network

SAN Group Announces Recipients of 2022 SAN Awards

Alera Group Expands Northeast Regional Leadership Team

A.I.M. Mutual Elects Daniel A. Landers President & Chief Executive Officer

A.I.M. Mutual Elects Daniel A. Landers President & Chief Executive Officer

In Memoriam

In Memoriam: Daniel Rizzo, 1937-2022

In Memoriam: Bruce MacDonald 1935-2022

In Memoriam: Bruce MacDonald 1935-2022

In Memoriam: William "Bill" Carter, Jr. 1932-2022

In Memoriam: William “Bill” Carter, Jr. 1932-2022

CAR News

17 Bullet Points on The New Insurance Labor Rate Report

2nd Look 2022: The Massachusetts Private Passenger Auto Insurance Marketplace

2nd Look 2022: The Commercial Auto Insurance Marketplace in Massachusetts

1st Look 2022: The Commercial Auto Insurance Marketplace in Massachusetts

View More CAR News

Massachusetts Law Updates

Front view of the Quincy Mass. Masonic Temple with Roman Columns

Confused Voicemail Leads to E&O and Coverage Suits

SJC Construed For 1st Time Meaning of “Doing Business As” In Relation to CGL Coverage.

5 Points On New Ruling: Unreasonable Storage Reduces ACV Payment

A short opinion with a disproportionate impact on first-party property damage total loss claims.

Agency Checklist article on COVID-19 Closings in Massachusetts

First State High-Court COVID-19 Decision On Business Interruption Claims

Dismissed by Superior Court, the restaurants took their appeal directly to the SJC.

Vermont Mutual Asks High Court to Reverse Decision $215,000 Attorney Fee Award Payable As Damages under Bodily Injury Coverage

An unusual case involving a breach of warranty claim under Chapter 93A and whether mandatory attorney fee awards apply.

More Mass. Law Updates

DOI News

The 2022 MA Home Insurance Report Part II | MA FAIR Plan Review

The 2022 MA Home Insurance Report | Part I

Mass. Business Entity License Renewals on Hold

DOI Fines Producer $1,250 For Prior Failures To Report After License Lapses

View More DOI News

Insurance Fraud

Quinn Group Ins. Owner’s Trial to Begin on Federal Benefit and Social Security Fraud Today

First Guilty Plea in No-Fault PIP Auto Insurance Fraud Scheme

GM Financial Will Pay Over $1.8 Million For GAP Coverage Refunds and Loan Violations

Insurance Agency To Pay $100,000 Fine And $515,000 In Restitution Under Consent Decree

More Insurance Fraud News

Footer

Agency Checklists

About us
Contact us

14 Summer Street
Suite 102
Malden, MA 02148
617-598-3800

Advertise on Agency Checklists

We offer a variety of ways to get help promote your company or product.

Announcements
Email Sponsorships
Partnerships
Custom Collaborations

*Affiliate Disclosure

Please note that any of Agency Checklists’ articles might contain one or more affiliate links. This means that any subsequent purchase resulting from these links may result in a commission for us, but at no additional cost to you. For example, as an Amazon Associate, Agency Checklists earns a commission from all qualifying purchases. By working with affiliates we can continue to keep Agency Checklists subscription free. Thank you for your support.

SEARCH OUR SITE

Explore Our Archives

Copyright © 2022 · Agency Checklists · All rights reserved.