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With this specialized offering, two industry-leading insurance companies are combining their expertise and capabilities to deliver more value to the OMS community. The
Hanover's distinctive products will be distributed through OMSNIC and The
Hanover's independent agents, who have proven expertise, experience and commitment to the OMS industry.
"We are thrilled to announce our partnership with OMSNIC, who has built a solid reputation as the undeniable leader and provider of professional liability insurance to the OMS community." said
Jack Roche, Senior Vice President, Business Insurance at The
Hanover. "Our program brings the best of both organizations, with an excellent professional liability solution and service coupled with specialized property and casualty insurance offerings."
Hanover is an industry leader in developing specialized programs for small to mid-sized businesses. As part of these offerings, The
Hanover offers OMS a group dividend for workers compensation, industry unique BOP coverage enhancements, along with value-creating service and risk management solutions. The
Hanover and OMSNIC both have outstanding reputations for customer service, and will be working closely to help ensure seamless claims handling.
The insurance offering for this program includes the following unique coverage enhancements:
Worker's Compensation group dividend program, exclusive to the program
Replacement cost +15% for defined dental equipment
Broad form water damage
Identity theft cost reimbursement
Increased electronic data, virus, and hacking coverage
Valuable papers redefined to include dental records
Optional Per Diem form
"We are excited about this program, which builds on OMSNIC's already exceptional products and service," said
William C. Passolt, President and Chief Executive Officer at OMSNIC. "By delivering this powerful and comprehensive program exclusively through experienced OMSNIC agents, we are providing a win-win for our OMS policyholders."
OMSNIC provides professional liability insurance products, and risk management education and tools exclusively to OMS.