ONEBEACON BETS BIG ON SMALL
OneBeacon Insurance Group has long focused on small business, with particular emphasis since 2000. In 2003, the company launched its OnePac product suite that provides tailored coverages for 14 industry groups and 360+ classes of business. The company defines small business based on the customer’s eligibility and targets businesses with up to 25 employees, $10 million in sales, and property values of $10 million or less. The company actively writes business in 27 states, including just-announced entries to Minnesota and Kansas.
OneBeacon’s OnePac solution begins as a business owner’s policy and then provides customized coverages reflecting unique needs. The company targets 14 industry groups and provides solutions for more than 360 classes.
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