We return with the PLM Monthly Highlights series for insurance producers and brokers, our newsletter to keep informed on news and updates from Pennsylvania Lumbermens Mutual.
Working with a wood industry-related client? Send your applications to: NewBiz@plmins.com
2023 UPDATES – Upcoming for the PLM Group
With the new year already in progress, we wanted to hint at some of the updates that Pennsylvania Lumbermens has coming up on the horizon. While we won’t announce everything today, we wanted to alert our broker partners to keep an eye out for further announcements, such as:
- ABM Updates: watch out for a new, exciting update around our in-house wholesale brokerage for 2023 – with even greater ties to the history of American Mutual Insurance and some new programs available to help your wood clients
- New Program: look out for information on a brand new and targeted program launching for the PLM Group – with optimized workflows and fast processing for specific clients – more to come!
- Appetite Tools: while you may already be familiar our Appetite Map, get ready for greater understanding of the risks we write with a soon-to-be-announced partnership and integration with agency management systems you may already be using
LOSS CONTROL – Partner Programs for Insured Safety
The PLM website contains a vast amount of information for you and your clients in the wood industry. While we often discuss our available Loss Control Safety Guides, we wanted to highlight other sections in our Loss Control Center.
From driver training videos to loss control safety systems, PLM has a number of vendor-partners available to your clients who are ready to help keep them ahead of disaster.
- Devices benefit fleet management and safety through insights and monitoring
- Offer our customers telematics monitoring through Azuga and GPS Insight, industry leaders in driver risk management
- Streaming safety video services to provide industry specific training and tools
- Offer our customers streaming safety training videos through Mastery Technologies Library and Driver’s Alert eLearning
- Technological method to stay ahead of sawdust accumulation in insured operations
- Customizable fan series offered via SonicAire’s Combustible Dust Control Solutions – including more system accessories and ROI analysis
- Digital-cellular alert and alarm systems in a box to help monitor operations
- Special hot works package offer via Tattletale, including base unit, rate-of-rise heat sensors and discount for policyholders
- Driver monitoring behavior in real time, so it can be addressed as soon as possible
- Offer our customers continuous MVR monitoring via Samba Safety and iiX, industry leaders in driver risk management
- Mobile app (no hardware) and fleet dashboard to identify issues and support drivers
- LifeSaver Mobile offers our commercial clients a tool in the fight against phone-related distracted driving; included policyholder discount
Have your client reach out to their PLM Loss Control Rep about any of these programs — or any safety questions or concerns they might have.
STAY CONNECTED – Producer Update
PLM prides itself on maintaining our open relationships with producers. While you’re already receiving this monthly highlights newsletter, are you aware that PLM sends a larger newsletter 5 times a year? To help you understand our company and our philosophy on providing insurance and sustaining mutually beneficial relationships with producers and insureds alike, we regularly release our Producer Update.
We are releasing the next installment (as well as our Lumber Memo for insureds) next month. But you can look over previous issues in our Producer Update Digital Archive today!
Recent Wins
Wondering about new business opportunities in your own neighborhood? Here are some examples of accounts successfully written by PLM or with WC placed through ABM.
PLM
Wooden Stakes Mfg. – NJ: $85,000
Furniture/Fixture Mfg. – NY: $4,200
Building Material Dealer – MA: $100,000
Custom Cabinet Mfg. – NJ: 13,000
Architechural Millwork Mfg. – SC: $15,000
Modular Home Mfg. – GA: $86,000
Lumberyard – TX: $50,000
Pallet Mfg. – IN: $39,000
Building Material Dealer – LA: $130,000
Wood Reel Mfg. – OH: $120,000
Pallet Mfg. – AL: $92,000
Portable Shed Mfg. – KY: $20,500
Cabinet Mfg. – MO: $14,000
Hardware Store – CP: 15,800
Building Material Dealer – CA 88,000
Lumberyard – WA: $51,500
Pallet Mfg. – IL: $13,500
Wooden Crate Mfg. – AZ: $29,000
ABM
Building Material Dealer – VA: 16,000
Lumberyard – CT: $34,000
Hardware Store – NY: $9,000
Custom Cabinet Mfg. – FL: $5,500
Wooden Peg Mfg. – NH: $2,700
Building Material Dealer – MD: $9,600
Sawmill – TN: $37,000
Hardware Store – LA: $1,500
Building Material Dealer – AR: $4,000
Sawmill – TN: $31,000
Furniture Mfg. – IN: 24,000
Building Material Dealer – TX: $3,900
Building Material Dealer – OK: $8,500
Lumberyard – MO: $11,500
Custom Cabinet Mfg. – SD: 14,500
Wood Products Distributor – MN: $1,000
Custom Wooden Table Mfg. – CO: $2,800
Cabinet Mfg. – KS: 23,000
Upcoming Events
Find PLM and ABM at these upcoming insurance conventions and trade show events:
- 02/06 – KAIA – Annual Convention – Wichita, KS
- 02/15 – IIAM – Agency Mgmt. Conference – Jackson, MS
- 02/22 – IIAH – Houston I-Day – Houston, TX
