New Commercial Insurer, Motorists Insurance, to Launch in Tennessee
Motorists Insurance Group, based in Columbus, Ohio, has launched a new commercial lines company – Motorists Insurance – in Michigan and Tennessee.
The company features state-of-the-art technology to make the process from quoting to issuance and policy servicing simple and streamlined via Guidewire InsuranceSuite, which Motorists Insurance Group purchased in 2014. The suite includes underwriting, claims management, billing, rating and policy administration. Motorists also purchased Guidewire portals to improve its agency and policyholder interactions.
Motorists Insurance includes the MiChoice Business Program, which offers tiers to choose the right coverage to fit the size and unique liability needs of a company. Policyholders won’t pay for coverage they don’t want or need, and agents will have more power to customize a policy to satisfy their customers’ needs and budget.
The commercial product offering complements the workers’ compensation offerings of BrickStreet, with which Motorists Insurance Group recently announced an affiliation.
Plans are in place to continuously expand Motorists Insurance products to the group’s full operating footprint.