The PMA Insurance Group Has Partnered with Next Wave Insurance
Services to Offer the Next Wave Hotel Program
BLUE BELL, PA – July 13, 2007 – 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:
Edgar Salcedo, Vice President - Underwriting
Next Wave Insurance Services, LLC
610 West Ash Street, Suite 1703
San Diego, CA 92101
CA License: 0F0075
phone: (619) 232-3900 ext. 101
fax: (619) 234-6500
email: esalcedo@nextwaveins.com
Website: www.nextwaveins.com
