OneBeacon Targets Va. Small Business Market
OneBeacon Insurance, a wholly owned subsidiary of White Mountains Insurance Group, Ltd., has begun offering Virginia small businesses its property casualty OnePac product.
Virginia joins California, Illinois, North Carolina, Oregon, Pennsylvania, and Washington, as well as Washington D.C., as new small-business markets for the product, which is sold through independent agents.
OnePac promises flexible coverage through 12 programs that target more than 300 classifications. The product, which is supported by a Web-based policy-administration system, was introduced throughout the Northeast in 2003. The platform is designed as a one-touch application with imbedded underwriting rules so agents can submit their business quickly.
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