BATON ROUGE, LA.—Effective July 1, 2013, LIPCA Insurance has entered into an agreement with Berkley Underwriting Partners, a member company of W. R. Berkley Corp., to administer its pest insurance product to be written on StarNet Insurance Co. and Gemini Insurance, another W. R. Berkley Corp. member insurance company, all of which are rated A+ (Superior) by A.M. Best Co. StarNet is one of the longest-running national pest insurance carriers in the U.S.
LIPCA Insurance has successfully been placing coverage to protect its pest/lawn insureds since 1985. Doug MacPherson, president of LIPCA Insurance, says he is excited about this opportunity.
“LIPCA has been around for a very long time, making sure its insureds have the best protection possible,” he says. “The added coverages that LIPCA will be able to write with StarNet and Gemini will only make the program stronger, especially with LIPCA’s knowledge of pest and lawn exposures.”
LIPCA will continue to be able to handle the general liability claims, which is crucial and has been proven to be the successful component for every program run by LIPCA.
“What separates us from most, if not all competing programs, is the attention to detail and expertise in handling general liability claims for the pest and lawn industry. This is all that we do,” says Andy McGinty, EVP/COO of LIPCA. “Our loss ratios while handling the claims have been excellent especially when we had the authority to underwrite the insureds.
“Not everyone is eligible to be with the LIPCA National Pest and Lawn program,” McGinty continues. “We want the best pest and lawn companies to be with the best pest insurance program. But we also know how to work with those insureds with past claims to make them better. If they are willing to listen, so are we. The difference with LIPCA is being owned by the pest industry and actually caring for its members.”
The LIPCA National Pest and Lawn Program now has access to A.M. Best Company A+ rated admitted and surplus lines papers. LIPCA is a member of numerous state pest associations and the National Pest Management Association (NPMA).
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