Our Equine Mortality Division is one of the world's leading providers of equine mortality insurance and related coverages through professional equine independent agents. Our underwriting staff is extremely knowledgeable of all breeds and uses to include horse racing, showing and pleasure riding. Our in-house claims staff specializes in efficiently handling equine mortality and injury losses.
The Equine Mortality Division has taken an active industry leadership role through numerous national sponsorships. They have been a Corporate Sponsor of HITS (Horse Shows in the Sun, Inc.) with show venues nationwide, since 1990.
Equine Mortality is a Corporate Sponsor of the NCHA (National Cutting Horse Association) and the NRCHA (National Reined Cow Horse Association). The Equine Farm Center of the AgriBusiness Division joined them in the Title Sponsorship of the USDF (United States Dressage Federation) Regional Championship Series and the newly added USDF Breeder's Championship Series as well as Corporate Sponsorship for the Florida Horse Par
Tuesday, May 19, 2009
Equine Mortality
Crop
Great American has been an innovative leader in the crop insurance industry since it issued its first crop policy in 1925. Our Crop Insurance Division provides the tools you need in the form of specialized crop insurance coverages, which can insure your revenue stream even if elements outside your control go awry. That means even in the face of a worst-case scenario you will have the guaranteed income you need to keep your operation functioning properly.
Great American allows you to actively manage your farming operation - so you are no longer at the mercy of the wind, rain, hail... or even an unexpected fall in market values for your crops.
Products offered by this Division include the federally reinsured Multiple Peril Crop Insurance policies (MPCI) and numerous Named Peril Insurance Products. MPCI insures against disease and weather related disasters causing crop losses on a unit basis.
Named Peril programs are unique and varied. Included in our family of Named Peril products is Crop-Hail, which provides spot-loss protection against damaging hail or fire.
Bonds
Great American's Bond Division writes a wide range of surety and fidelity products including standard contract surety, commercial surety and miscellaneous non-contract surety and fidelity. Please visit our website to find the Great American office closest to you.
Standard Contract Surety writes contract surety for general contractors, subcontractors and specialty trade contractors with twenty-nine strategically located contract underwriting marketing offices throughout the United States. Many of these offices can also write non-contract bonds and small fidelity bonds.
Commercial Surety underwrites all bonds associated with commercial accounts, other than contractors.
Miscellaneous Surety and Fidelity specialize in surety bonds for public officials, court fiduciary, court judicial, government, license and permit, and small fidelity (under $500,000 limits) products.
RISICO Claim Services is a claims handling unit within the Bond Claims Department. RISICO Claim Services offers a wide variety of surety and fidelity and crime claim handling services for units within the American Financial Group family and outside companies.
Alternative Markets
Alternative Markets Division is an expert in risk financing techniques, focusing on captives and large deductible structures that provide the opportunity to establish long-term, profitable partnerships with entrepreneurial agents, associations and large account customers.
Captives
Our captive business model emphasizes true partnership. We customize the design and structure of each opportunity to best fit our customers’ needs. The preferred risk-sharing structure is a 50/50 quota share participation that enables us to act as both insurer and reinsurer to your business, while at the same time facilitating transparent communication and collaboration.
Operating under a “best in class” philosophy, our underwriting appetite ranges from small business (BOP) to large account customers in a variety of operations, from manufacturing and wholesalers to service and retail exposures. Additionally, we entertain all primary lines of coverage within a captive – automobile, general liability, property and workers compensation & employers liability – and are able to provide you with an umbrella market outside of the captive. It is our preference to be a multi-line solution to you and your clients, though we will entertain mono-line opportunities.
All services are executed intelligently, and we offer the full suite of carrier services. Our team is comprised of tenured captive experts, responsive to the needs of both you and your clients. We are also open to unbundling services, subject to demonstrated expertise and the ability to meet our handling requirements.
Captive partners may domicile either on shore or offshore and also have the option of owning their captive or participating in a rent-a-captive facility. Agreements are negotiated annually and collateral terms are fair.
We believe our model to be a leader in the alternative risk marketplace, though only for a select number of organizations. Our due diligence process is deliberate and we are focused on ensuring that all of our partnerships have the ability to achieve a favorable financial return for all involved.
Cyber Risk Insurance
Developed to protect commercial enterprises, including not-for-profit organizations, from exposures inherent with the use of the Internet as a business tool, we offer the ISO-based Internet Liability and Network Protection Policy (ILNPP). Great American has also contracted with Identity Theft 911 to provide identity theft resolution services to policyholders in the event of a covered loss. Identity Theft 911 is a leading provider in identity theft resolution and fraud education services.
A modular policy, Great American’s Cyber Risk Insurance includes six separate product modules that may be purchased individually, collectively or in any combination. Included are products for Website Publishing, Network Security, Replacement or Restoration of Electronic Data, Cyber Extortion, Loss of Business Income and costs associated with Computer System Unauthorized Access Notification. Limits of insurance and deductible levels may be customized as needed. A full schedule of coverage and general use Endorsements is also available as part of the Cyber Risk program.
Sunday, May 17, 2009
Great American Ball Park
Great American Insurance Company, one of the oldest insurance companies in the United States, and the Cincinnati Reds, America's first professional baseball team, have joined forces.
In 2000, the two organizations announced a 30-year agreement under which the new home of the Reds will be named "Great American Ball Park".
Construction of the new stadium began in the Fall of 2000 and was completed in time for opening day of the 2003 season.
Great American Ball Park is located overlooking the Ohio River and includes rich references of the past, reminiscent of the former Crosley Field era. It has a grass playing field and about 42,000 seats.
We are very excited about this opportunity to support our community and our home team, the Cincinnati Reds!
American Financial Group
American Financial Group (AFG) is a holding company based in Cincinnati, Ohio. It is a Fortune 500 company whose common stock is listed on the New York Stock Exchange and NASDAQ. The members of Great American Insurance Group are subsidiaries of AFG.
AFG is engaged primarily in property and casualty insurance focusing on specialized commercial products for businesses, and in the sale of annuities and supplemental insurance - products. The Company is committed to building value for its shareholders as property and casualty insurance and annuity specialists, providing quality products and services to its customers and offering a rewarding work environment for its employees.
Great American Insurance Group Ratings
Major rating agencies issue public ratings on the insurance companies within the Great American Insurance Group. Financial strength or claims paying ability ratings apply to individual insurance companies. The rating criteria and designations vary for each agency. Visit the agencies' websites for information about the rating agencies and their rating processes.
Property & Casualty Insurance Operations - Financial Strength Rating Profile
| A.M. Best | Standard & Poor's | Moody's | Fitch |
| American Empire Surplus Lines |
| American Empire Insurance Company | A+ (Superior) | A (Strong) | Not Rated | A+ (Strong) |
| American Empire Surplus Lines Insurance Company | A+ (Superior) | A (Strong) | Not Rated | A+ (Strong) |
| Great American Insurance Companies |
| Great American Insurance Company | A (Excellent) | A (Strong) | A2 (Good) | A+ (Strong) |
| Great American E & S Insurance Company | A (Excellent) | A (Strong) | A2 (Good) | A+ (Strong) |
| Great American Assurance Company | A (Excellent) | A (Strong) | A2 (Good) | A+ (Strong) |
| Great American Contemporary Insurance Company | A (Excellent) | A (Strong) | A2 (Good) | A+ (Strong) |
| Great American Alliance Insurance Company | A (Excellent) | A (Strong) | A2 (Good) | A+ (Strong) |
| Great American Fidelity Insurance Company | A (Excellent) | A (Strong) | A2 (Good) | A+ (Strong) |
| Great American Insurance Company of New York | A (Excellent) | A (Strong) | A2 (Good) | A+ (Strong) |
| Great American Spirit Insurance Company | A (Excellent) | A (Strong) | A2 (Good) | A+ (Strong) |
| Great American Security Insurance Company | A (Excellent) | A (Strong) | A2 (Good) | A+ (Strong) |
| Great American Protection Insurance Company | A (Excellent) | A (Strong) | A2 (Good) | A+ (Strong) |
| Great American Lloyd's Insurance Company | A (Excellent) | Not Rated | A2 (Good) | A+ (Strong) |
| Great American Casualty Insurance Company | A (Excellent) | A (Strong) | A2 (Good) | A+ (Strong) |
| Great American International Insurance Ltd | Not Rated | A (Strong) | Not Rated | Not Rated |
| Mid-Continent Group |
| Mid-Continent Casualty Company | A (Excellent) | A (Strong) | Not Rated | A+ (Strong) |
| Mid-Continent Insurance Company | A (Excellent) | A (Strong) | Not Rated | A+ (Strong) |
| Oklahoma Surety Company | A (Excellent) | A (Strong) | Not Rated | A+ (Strong) |
| National Interstate Insurance Companies |
| National Interstate Insurance Company | A (Excellent) | Not Rated | Not Rated | Not Rated |
| National Interstate Insurance Company of Hawaii | A (Excellent) | Not Rated | Not Rated | Not Rated |
| Republic Indemnity Group |
| Republic Indemnity Company of America | A (Excellent) | A (Strong) | A3 (Good) | A+ (Strong) |
| Republic Indemnity Company of California | A (Excellent) | A (Strong) | Not Rated | A+ (Strong) |
Annuity, Life and Health Insurance Operations - Financial Strength Rating Profile
| A.M. Best | Standard & Poor's | Moody's | Fitch |
| Annuity Investors Life Insurance Company | A (Excellent) | A (Strong) | Not Rated | A+ (Strong) |
| Central Reserve Life Insurance Company | B++ (Very Good) | Not Rated | Not Rated | A (Strong) |
| Continental General Insurance Company | B++ (Very Good) | Not Rated | Not Rated | A (Strong) |
| Great American Life Insurance Company | A (Excellent) | A (Strong) | A3 (Good) | A+ (Strong) |
| Great American Life Insurance Company of New York | A- (Excellent) | Not Rated | Not Rated | Not Rated |
| Loyal American Life Insurance Company | A (Excellent) | Not Rated | Not Rated | A+ (Strong) |
| Manhattan National Life Insurance Company | A- (Excellent) | Not Rated | Not Rated | Not Rated |
| United Teacher Associates Insurance Company | A- (Excellent) | Not Rated | Not Rated | A+ (Strong) |
