Philadelphia Insurance & Grundy Renew Relationship
9/18/2012 1:54:42 PM
April 19, 2012 Philadelphia Insurance and Grundy restore Collector Car Relationship
Philadelphia Insurance Companies (PHLY), a leading property casualty and professional liability insurance company for niche markets, is pleased to announce the renewal of its collector vehicle insurance partnership with Grundy Insurance. PHLY and Grundy are restoring the partnership that first began in 2006. Under the new agreement, Grundy will provide underwriting, customer service, policy/endorsement processing and marketing while PHLY will handle billing and claims. Grundy Worldwide offers specialized Automobile Liability and Physical Damage insurance for over 1,000 models of antique and collector cars in all 50 states.
“It was important to continue our relationship with PHLY in order to provide our customers with the best possible service and coverage,” said Jim Grundy, President of Grundy Insurance. “For over 50 years, we have provided coverage to those who are passionate about collector vehicles. Working with PHLY allows us to expand our expertise and industry leading services to all customers.”
“Grundy’s mastery in this market makes them a superb partner and we are excited to continue working with them,” commented Jamie Maguire, Chairman and CEO of Philadelphia Insurance Companies. “PHLY excels at providing outstanding specialized insurance services and this relationship with Grundy allows us to remain a dominant force in the collector vehicle insurance market.”
Grundy’s collector vehicle expertise combined with PHLY’s financial strength (A.M. Best A++ Superior rating) and exceptional service will help keep classic car enthusiasts behind the wheel. Grundy makes insurance simple by combining legendary Agreed Value service, no mileage limitations, and the lowest rates in the industry with a shorter application and faster online quotes. To learn more about Grundy's custom-tailored Agreed Value policies and superior service, call 888-647-4006 or log onto http://www.grundyworldwide.com.
Established in 1947, Grundy Worldwide insures more than 1.5 million classic vehicles. The program was acquired by PHLY from the Grundy Agency in 2006. Philadelphia Insurance Companies designs, markets, and underwrites commercial property/casualty and professional liability insurance products incorporating value added coverages and services for select industries.