Never Say No
By Angelo Ganguzza
Back in April of 2019, shortly after PLM acquired the AmTrust Lumber book of business, John Smith and I sat down and mapped out what a wholesale brokerage agency would mean to our operations. It was clear that there was a place.
PLM, the largest property and casualty insurer for the wood industry protects close to 6,000 businesses and has over 13,000 active policies while hovering around a half billion dollars of written premium. But even with that, there are some classes of business, exposures, and geographical locations that create a gap in PLM’s underwriting appetite or guidelines that make certain risks undesirable.
This is where Green Tree Risk Partners and the opportunity to never say no comes into play. As a member company of the PLM Group, Green Tree Risk Partners operates as a wholesale brokerage and program business placement specialist providing workers’ compensation, property, casualty, commercial auto, umbrella, and other coverages.
Green Tree Risk Partners works closely with our broker partners, while also maintaining close relationships with PLM Underwriters and Business Development staff, working to round out PLM accounts to ensure that policyholders have the most comprehensive insurance program in place to make them whole in the event of a loss.
Green Tree has partnered with some of the industry’s top insurance companies. Our Underwriters create competitive programs tailored for each client based on their industry expertise and firsthand knowledge of the account.
Since Green Tree opened its doors in January of 2020, we have grown to almost $20 million in premiums. We started off as a workers’ compensation solution for PLM to expand into placing property and casualty coverages for wood accounts that may not fit PLM’s appetite or guidelines. In June of this year, we rolled out an exclusive workers’ compensation group dividend program, only available to our clients.
Although we are Green Tree Risk Partners, we remain a proud part of the PLM Group. We are fully committed to serving the wood niche and cultivating relationships with our existing and future retail broker partners. Through Green Tree Risk Partners, we not only better serve the overall wood industry, but we can offer new options, new services, and new possibilities. We can’t wait to share them with our valued clients and producers.
If you haven’t looked at working with us, I encourage you to. Let us show you how easy it is.
Lumber Memo: Issue 4 – 2024
IN THIS ISSUE:
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- President’s Commentary
- Cyber Corner: Steer Clear of Fake Login Pages
- Green Tree Risk Partners: Never Say No
- Plumb Safety: Best Practices for Forklift Safety
- Plumb Safety: Preventing Oily Rag Fires
- The Dovetail: Acquisition Due Diligence: Are These Items on Your List?
- Your Feedback Matters: PLM’s NPS Surveys
- Spotlight On: Improvements to Our Invoices
- Spotlight On: Recent Awards
- Spotlight On: Upcoming Events