The Great American Insurance Group: Overview, Services, and History

Great American Insurance Group is a leading provider of property and casualty insurance, focusing on specialty commercial products for businesses in different industries. The company operates in all 50 states of the United States and has a presence in Europe, Asia, and South America. Providing insurance solutions that are tailored to specific industries and market segments, Great American Insurance Group has built a reputation for innovation, customer service, and financial stability.

What is Great American Insurance Group?

Great American Insurance Group is part of the American Financial Group, a diversified financial services company headquartered in Cincinnati, Ohio. The company was founded in 1872 as a fire insurance company and has grown into a major player in the insurance industry, with over 30 specialty divisions serving different markets. Great American Insurance Group has over 7,000 employees and is rated A+ (Superior) by A.M. Best, a leading rating agency for insurance companies.

What services does Great American Insurance Group offer?

Great American Insurance Group offers a wide range of insurance products and services, including:

Great American Insurance Group specializes in providing insurance solutions for niche markets, such as transportation, construction, agriculture, healthcare, marine, and environmental industries. The company also offers coverage for individuals, such as personal umbrella insurance, collector car insurance, and pet insurance.

What is the history of Great American Insurance Group?

Great American Insurance Group was founded in 1872 by a group of businessmen in Cincinnati, Ohio, who saw the need for fire insurance in the area. The company grew steadily and expanded its product offerings to include casualty insurance, surety bonds, and other types of coverage. In the 1950s, Great American Insurance Group began to focus on specialty lines of business, such as trucking and aviation insurance.

In the 1990s, Great American Insurance Group expanded its operations to other countries, such as the United Kingdom and Brazil. In 2002, the company acquired Summit Holding Southeast, Inc., a workers’ compensation insurance company, which helped to strengthen its position in the U.S. market. Today, Great American Insurance Group is a leading provider of specialty commercial insurance, with a focus on innovation, customer service, and financial strength.

Why Choose Great American Insurance Group?

Great American Insurance Group has several competitive advantages that make it a preferred choice for businesses and individuals seeking insurance solutions. Here are some reasons why you might choose Great American Insurance Group:

Specialization and Customization

Great American Insurance Group specializes in providing insurance solutions for specific industries and market segments. This allows the company to understand the unique risks and challenges facing each client and to tailor its coverage to meet their needs. By working closely with clients and brokers, Great American Insurance Group can offer customized insurance products that provide the right level of protection at a competitive price.

Financial Strength and Stability

Great American Insurance Group is rated A+ (Superior) by A.M. Best, which indicates that it has a strong financial position and the ability to meet its obligations to policyholders. The company has a conservative investment strategy and a solid track record of profitability, which helps to ensure its long-term viability.

Innovation and Technology

Great American Insurance Group is committed to using technology and innovation to improve its products, services, and processes. The company has invested in digital platforms and data analytics tools that help it to better understand risk and to provide more efficient and effective service to clients. Great American Insurance Group also offers online quoting and policy management tools that make it easy for clients and brokers to get the information they need and to manage their policies.

FAQs

What types of insurance does Great American Insurance Group offer?

Great American Insurance Group offers a wide range of insurance products, including property and casualty insurance, specialty commercial insurance, workers’ compensation insurance, management liability insurance, and professional liability insurance. The company also offers coverage for individuals, such as personal umbrella insurance, collector car insurance, and pet insurance.

What industries does Great American Insurance Group specialize in?

Great American Insurance Group specializes in providing insurance solutions for niche markets, such as transportation, construction, agriculture, healthcare, marine, and environmental industries. The company has over 30 specialty divisions that focus on specific market segments and industries.

How can I get a quote from Great American Insurance Group?

You can get a quote from Great American Insurance Group by visiting the company’s website and filling out an online form. You can also contact a local agent or broker who represents Great American Insurance Group to get a quote.

Does Great American Insurance Group offer international coverage?

Yes, Great American Insurance Group has a presence in Europe, Asia, and South America, and offers coverage in these regions. The company has several international divisions that focus on providing insurance solutions for specific industries and market segments.

What is Great American Insurance Group’s claims process?

Great American Insurance Group has a dedicated claims team that is available 24/7 to assist policyholders with their claims. You can report a claim by calling the company’s toll-free number or by submitting a claim online. The claims team will then work with you to investigate the claim, assess the damages, and provide a settlement.

Conclusion

Great American Insurance Group is a leading provider of insurance solutions for businesses and individuals in different industries. The company’s specialization, customization, financial strength, innovation, and customer service make it a preferred choice for clients who are looking for high-quality insurance coverage. Whether you need property and casualty insurance, workers’ compensation insurance, management liability insurance, or other types of coverage, Great American Insurance Group has the expertise and resources to help you protect your assets and achieve your goals.