The PMA Insurance Group Has Partnered with Next Wave Insurance Services to Offer the Next Wave Hotel Program
July 13 2007 - 10:45AM
Business Wire
The PMA Insurance Group has partnered with Next Wave Insurance
Services, LLC to provide a new comprehensive package insurance
program for the business class hotel industry, the Next Wave Hotel
Program. Offered through Next Wave, a Program Administrator and its
appointed insurance agents and brokers nationwide, this
comprehensive package program is designed to respond to a variety
of commercial property and general liability insurance needs for
the hotel industry and has been tailored to specifically to meet
the needs of the business class hotel segment. The Next Wave Hotel
Program is available in all states except Louisiana. �PMA is very
pleased to bring its risk management expertise and quality
commercial property and liability coverages and services to the
business hotel segment through the Next Wave Hotel Program,� says
John Santulli, Senior Vice President, Marketing and Field
Operations, The PMA Insurance Group. �We look forward to expanding
our writings on a nationwide basis in the hospitality industry
through this new program.� The Next Wave Hotel Program�s commercial
property and general liability insurance will be underwritten by
The PMA Insurance Group, rated �A-� Excellent by A.M. Best.
Highlights of the Next Wave Hotel Program include: Broad Property
and General Liability coverage enhancements Comprehensive Property
coverage tailored to meet customers� needs Combined Property, Crime
and Equipment Breakdown coverages offered under one policy
Availability of Liquor Liability Insurance, Crime, Garagekeeper�s
Legal Liability, Hired Non-Owned and Umbrella coverages Flexibility
with multiple coverage levels and pricing Availability of
Deductible Options PMA will also provide access to its workers�
compensation and commercial automobile insurance products to
program participants. �We are excited about this new program and
relationship. Having PMA support Next Wave with a product
significantly augments our ability to deliver a solution to agents
and brokers,� said Jeff Ward, CEO of Next Wave. �We look forward to
working with the professional underwriting staff at PMA. The
combined underwriting expertise and broad distribution enhances our
capabilities within the hotel class of business.� About Next Wave
Insurance Services, LLC Next Wave Insurance Services, LLC, based in
San Diego, CA, was launched in 2004 as a subsidiary of The Ward
Group, LLC. Next Wave�s primary focus is providing comprehensive
property and casualty insurance solutions to the hospitality
industry. As such, Next Wave Hotel Program delivers a �one stop�
alternative to brokers looking for expertise and responsive service
in this class of business. As specialists in the hotel industry,
Next Wave�s staff understands the nuances involved in writing small
or large hotels, including high profile resorts. We pride ourselves
in delivering a tailored all-lines solution that fits any risk
profile. Next Wave is a also a licensed wholesale broker providing
access to the surplus lines market to place more complex risks
which fall outside our underwriting criteria. For more information
on Next Wave and details on our programs visit our website at
www.nextwaveins.com. About The PMA Insurance Group The PMA
Insurance Group, a multi-lines property & casualty insurer, is
known for service excellence and high levels of customer
satisfaction. PMA offers workers' compensation, commercial
automobile, commercial multi-peril, general liability and umbrella
insurance. PMA Management Corp., an affiliate of The PMA Insurance
Group, offers fee-based third-party administrative services. The
PMA Insurance Group is headquartered in Blue Bell, Pennsylvania.
The PMA Insurance Group includes Pennsylvania Manufacturers'
Association Insurance Company, Manufacturers Alliance Insurance
Company and Pennsylvania Manufacturers Indemnity Company, which are
subsidiaries of PMA Capital Corporation (NASDAQ:PMACA). For more
information on PMA, visit our website, www.pmagroup.com. For more
information regarding the Next Wave Hotel Program, please contact:
Susan Kearney, CPCU, ARM, AAI (610) 283-2362 E-mail:
skearney@nextwaveins.com Website: www.nextwaveins.com
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