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In 2009, the property & casualty operation launched its widely anticipated commercial automobile insurance product. The product is available in 22 states for appointed insurance agents and brokers through a newly designed online processing system that allows them to rate and quote their automobile insurance in an easy and convenient manner. In addition to commercial automobile, Capitol also expanded its workers compensation insurance product into a number of new states. This product is now available in 17 states for designated insurance agents and brokers.
The Company’s fidelity & surety operation continued to expand its new online surety system, Capitol Express (CapEx), so that agents and brokers have the ability to obtain bonds online, anytime. CapEx now offers a variety of bond types in a number of states with additional state and bond expansions planned for 2010. “We understand the importance in ease of doing business and believe that by expanding our products and improving our technology, it will be even easier for our customers to place their business with Capitol,” said Rick Allen, President, Surety & Fidelity Operations.
In November, Capitol acquired Specialty Global Insurance (Specialty Global), one of the nation’s leading underwriting and claim management operations for miscellaneous professional liability insurance. “We are very excited about what Specialty Global brings to our organization,” stated Jim McIntyre, President & COO of Capitol. “The company culture and underwriting philosophy at Specialty Global provides an extraordinary fit within the Capitol family of companies,” said McIntyre. “Capitol is an outstanding company with exceptional results, and this transaction will enhance our ability to seize significant new opportunities that are being presented to us by our wholesale producers,” stated Mark Rebein, President, Professional Lines.
As Capitol enters 2010, the company is well-positioned for continued success and is confident about meeting the needs of its agents and brokers in an ever-changing insurance marketplace. “We’ve been fortunate to be a successful company and would like to thank our dedicated agents, customers and employees for putting their trust in Capitol. We couldn’t have done this without you,” said McIntyre.
Media Contact:
Capitol Insurance Companies
David Finkelstein – (800) 475-4450
About Capitol
Capitol has been insuring business owners since 1959. Capitol is a national underwriter of specialty insurance products in niche areas of the commercial property and casualty and the fidelity and surety markets. Through its operating entities, Capitol Indemnity Corporation, Capitol Specialty Insurance Corporation and Platte River Insurance Company, Capitol offers high-quality customer service in programs tailored to the needs of its customers’ business and risk management strategies. Information on Capitol is available at http://www.capitol.net. Capitol has an A (”Excellent”) rating from A.M. Best. Capitol Indemnity Corporation, Capitol Specialty Insurance Corporation and Platte River Insurance Company are subsidiaries of Alleghany Insurance Holdings LLC.
Other press releases from Capitol Insurance Companies
- Capitol Insurance Companies Names Alan S. Ogilvie Chief Operating Officer - March 29th, 2011
- Capitol Unveils Newly Designed Agent Portal - March 18th, 2011
- Capitol Insurance Companies Announces Promotions - February 24th, 2011
- Capitol Insurance Companies Expands the Availability of Accident Insurance Products - June 10th, 2010
- Capitol Insurance Companies Concludes 50th Anniversary by Donating $50,000 to Designated Charities - March 17th, 2010
Contact Information
David FinkelsteinCapitol Insurance Companies
1600 Aspen Commons
Middleton, WI 53562
Phone: (800) 475-4450
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