Ullico Inc. today announced the closing of its purchase of additional investment interests in Tidewater Holdings, Inc.
Ullico Casualty Group, LLC (UCG), a subsidiary of Ullico Inc., has teamed with Great American Insurance Group (Great American) to offer a commercial lines insurance program designed specifically for union halls, trust fund offices, joint apprenticeship training committees (JATCs) and other union-related organizations.
The program, exclusive to Ullico, is available through authorized brokers to unions and benefit plans, and it comprises a range of insurance products, including automobile, general liability, property, umbrella, and workers’ compensation.
The new program offers competitive pricing, tailored coverage, and specialized claims processing, with quick turnarounds and dedicated support. Moreover, it provides immense flexibility, as insureds select and bundle the products they need. Program enhancements include a tailored teacher’s liability endorsement for JATCs.
“We worked side-by-side with Great American to create a commercial lines program for the union marketplace,” says Tina Fletcher, president of Ullico Casualty Group. “It’s a collaboration that expands options for our current commercial lines insureds. It also allows us to underwrite P&C products in more locations, which means offering a broader product portfolio to our fiduciary liability, union liability, and non-profit labor and management policyholders.”
“Ullico has a strong reputation with unions. We’re pleased to be working on solutions meant for this distinct market, with its unique requirements and with a company that truly understands it,” says Jennifer Guidry, vice president of business development and marketing, Alternative Markets Division, Great American Insurance Group.
Learn more about the UCG/Great American program and additional UCG products at ullico.com.
The Ullico Inc. family of companies provides insurance and investment solutions for labor organizations, union employers, institutional investors and union members. Founded 95 years ago, the company takes a proactive approach to anticipating labor’s needs, developing innovative financial and risk solutions and delivering value to our clients. Our products are tailored to promote financial security and stability for American workers.
The Ullico Inc. family of companies includes The Union Labor Life Insurance Company; Ullico Casualty Group, LLC; Ullico Investment Company, LLC; and Ullico Investment Advisors, Inc. For additional information, visit www.ullico.com.
About Great American Insurance Group
Great American Insurance Group’s roots go back to 1872 with the founding of its flagship company, Great American Insurance Company. Based in Cincinnati, Ohio, the operations of Great American Insurance Group are engaged primarily in property and casualty insurance, focusing on specialized commercial products for businesses. Great American Insurance Company has received an “A” (Excellent) or higher rating from the A.M. Best Company for more than 110 years and is currently rated “A+” (Superior). The members of Great American Insurance Group are subsidiaries of American Financial Group, Inc. (AFG), also based in Cincinnati, Ohio. AFG’s common stock is listed and traded on the New York Stock Exchange under the symbol AFG. Policies are underwritten by Great American Insurance Company, Great American Assurance Company, Great American Alliance Insurance Company, Great American Insurance Company of New York and Great American Spirit Insurance Company, authorized insurers in all 50 states and the DC.