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
How To Attract Agency Talent in the Evolving Industry Job Market
A string of layoffs at top carriers may be making headlines, but many independent agency owners are still hiring, searching for quality talent to support their teams.
Despite the unpredictable evolution of the job market, fostering a strong talent pipeline always makes good business sense. Agency owners need good people to support them. It’s smart, skilled team members who forge and retain valuable relationships with policyholders that keep them coming back.
To ensure their agencies are prepared for the future, agency owners should focus on a culture of growth that encourages and facilitates the pursuit of employee aspirations, continuing education, a philanthropic spirit and more.
Whether you’re seeking a last-minute quote to safeguard a hardware store in your area or exploring a new niche to build your book and are interested in retail operations, HardwareXpress could be the ideal solution.
Here are some locations we’ve successfully insured across the country:
- Missouri: $3,000
- Pennsylvania: $4,000
- Florida: $6,000
- Nebraska: $3,500
- California: $6,000
- Texas: $7,500
HardwareXpress offers your clients the ultimate hardware store insurance solution with
2-year policies, expert claims handling, and seasoned loss control representatives.
Trying to quote a hardware store and not sure if it meets our criteria? We have an appetite for hardware stores of all sizes – regardless of values, autos, or locations and can partner with you.
We are proud to introduce our newest video blog series, “Insights from the Top: 3 Questions with PLM Leaders”. Each month we will highlight a different member of our leadership team to share their thoughts on industry trends and how PLM is playing a role in the important needs of the wood niche.
Safeguarding Your Roof This Winter
One of the most dangerous and costly winter weather risks for lumber businesses is snow loads. Every year there are hundreds of roof collapses and more than half of these are the result of rain or snow overload, with snow being by far the major culprit.
In addition to primary damage to a structure, roof collapse generates secondary losses in business interruption by damaging equipment and automatic sprinklers, exposing the building to added fire risk. Roof collapse can break gas lines or disrupt other combustible substances, as well as cause potential water damage.
Wind and Hail: Protecting Your Business
As more powerful storms occur on a regular basis, so do the effects of wind and hail damage, especially on roofs. Severe thunderstorm winds, often called “straight-line” winds, can reach up to 100 mph and occur over a large area resulting in widespread damage. Hail is another thunderstorm threat that can cause serious damage to a roof.
Strong winds and hail can cause property damage and interrupt business operations. Being proactive and taking actions to maintain your roof structures can help protect your business and minimize the damage from wind and hail.
Wondering about new business opportunities in your own neighborhood? Here are some examples of accounts successfully written by PLM or with WC placed through Green Tree Risk Partners.PLM
Building Material Supplier – NY: $383,000
Hardware Store – VA : $18,000
Wood Truss Mfg. – PA : $264,200
Wood Turning Mfg. – OH : $5,300
Cabinet Mfg. – IN : $371,300
Hardware Store – CA: $458,000
Millwork Mfg. – TX: $36,500
Hardwood Mfg.- IA: $99,400
Lumber & Hardware Store – KS: $20,000
Furniture Mfg. – AZ : $115,200
Portable Saw Mill – FL: $1,700
Roof & Floor Truss Mfg. – SC : $8,400
Pallet Supplier – OK: $13,000
Hardware & Supply Store – MS : $12,300
Cabinet Mfg.- GA : $3,500
Green Tree Risk Partners
Custom Furniture Mfg. – PA: $1,400
Building Material Supplier – NY : $2,000
Hardware Store – VA : $12,200
Pallet Mfg. – IN : $8,000
Lumber Supplier – GA : $54,000
Pallet Supplier – CA : $31,000
Millwork Mfg. – TX : $1000
Hardware Store – KS $6,000
Building Material Supplier – ID : $9,800
Cabinet Mfg. – SD : $14,500
Roof & Floor Truss Mfg. – FL : $37,000
Hardware Store – MS : $7,500
Furniture Mfg. – MO : $4,600
Moulding & Flooring Mfg. – SC : $41,400
Lumber Supplier – GA : $54,100
Find PLM and GTRP at these upcoming insurance conventions and trade show events:- 03/03 – WSIA Underwriting Summit – Phoenix, AZ
- 03/19 – Los Angeles I-Day – Pasadena, CA
- 03/20 – IIABSC Spring Conference – Columbia, SC
- 03/21 – MAIA Small Agency Conference – Columbia, MO
- 03/28 – PIIAC Convention – Englewood, CO
