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Argonaut Group's Great Central Insurance Announces the Introduction of New Businessowners Product.


SAN ANTONIO San Antonio (săn ăntō`nēō, əntōn`), city (1990 pop. 935,933), seat of Bexar co., S central Tex., at the source of the San Antonio River; inc. 1837.  -- Great Central Insurance, a member of the Select Markets segment of Argonaut Group, Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:AGII), has announced an addition of a Businessowners Product to its portfolio of insurance products and services. Great Central offers its new, specialized business owners package, along with commercial auto, workers compensation, and umbrella products, through a select network of agents in 46 states (all states except Alaska, Hawaii, New Hampshire New Hampshire, one of the New England states of the NE United States. It is bordered by Massachusetts (S), Vermont, with the Connecticut R. forming the boundary (W), the Canadian province of Quebec (NW), and Maine and a short strip of the Atlantic Ocean (E). , and Vermont).

The Businessowners Product has been added to Great Central's Great Protector protector /pro·tec·tor/ (-tek´ter) a substance in a catalyst that prolongs the rate of activity in the latter.  Series, its tailored insurance programs for its target industries of Food and Hospitality, Specialty Retail, and Religious Institutions. The Businessowners Product has been customized to meet the specific needs of Great Central's Food and Hospitality and Specialty Retail clients. This product includes industry specific enhancements combined with broader equipment breakdown and identity theft coverage for restaurants, hotels / motels Motels may refer to any of the following:
  • Motel, a type of temporary commercial accommodation;
  • The Motels, an American new-wave band.
, convenience stores The following is a list of convenience stores organized by geographical location. Stores are grouped by the lowest heading that contains all locales in which the brands have significant presence. , strip shopping centers shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into , laundries, drycleaners, and related businesses.

John W. Polak, President of Great Central, stated, "The addition of the Businessowners Product provides our agents and their clients with an additional alternative for protecting their businesses. We believe this product is a natural extension and excellent complement to our portfolio of custom, tailored risk management solutions and reflects our ongoing commitment to market leadership in our niches."

Great Central, in operation in Peoria, Illinois Peoria, Illinois (named after the Peoria tribe) is the largest city on the Illinois River and the county seat of Peoria County,GR6 Illinois, in the United States. As of the 2000 census, the city had a total population of 112,936.  since 1934, is recognized as a leader in providing insurance and risk management services to the restaurant, hotel/motel, and fabricare industry and is the endorsed carrier for a number of leading state restaurant and other trade associations.

ABOUT ARGONAUT GROUP, INC.

Headquartered in San Antonio, Argonaut Group, Inc. (NASDAQ:AGII) is a national underwriter of specialty insurance products in niche areas of the property and casualty market, with approximately $3.4 billion in assets. Through its insurance subsidiaries, Argonaut Group offers a full line of high-quality products and services designed to meet the unique coverage and claims handling needs of businesses in three primary segments: Excess and Surplus Lines, Select Markets, and Public Entity. Members of Argonaut Group include Colony, Argonaut Specialty, Rockwood, Great Central, Grocers Insurance, Trident, and Argonaut Insurance. Information on Argonaut Group and its subsidiaries is available at www.argonautgroup.com
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 27, 2006
Words:360
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