KANSAS CITY, Mo.--(BUSINESS WIRE)--Jan. 30, 2006--GE Insurance Solutions announces a new primary insurance product designed for specific segments of the hotel industry. Offered through Klein Insurance Services (KIS) of West Paterson, N.J., and available only through insurance agents and brokers, the comprehensive, multi-line property/casualty program is designed to cover risk exposures for hotels that cater to business and short-stay leisure travelers.
"Scott Klein and his organization bring a incomparable level of industry expertise due to Scott's professional training in the hospitality industry and the agency's 16 years of experience in this class," said Lois Massa, Vice President of GE Insurance Solutions. "This new program provides an opportunity for GE Insurance Solutions to access a recognized industry leader and provide KIS with the underwriting and analytical tools to grow a profitable program."
Offered across the country, the new program leverages the tremendous expertise of the KIS team along with a set of full-featured products and services tailored for hotels. Specific elements of the new program from KIS and GE Insurance Solutions include:
-- Eligibility: Any hotel or motel not considered a destination
resort, residential hotel or a convention/conference center
-- Coverage
-- Broad coverage, tailored to hotels
-- Liquor Liability
-- Garage Keepers Liability
-- Hired and Non-Owned Auto
-- Admitted paper
-- Package policy
"KIS is world-class at marketing its knowledge of the hotel business and underwriting expertise to the hospitality industry," said Scott Klein, President of KIS. "Clients come to us for our competitive programs. They renew for the service that exceeds their expectations. The deep, practical risk expertise GE Insurance Solutions brings to the table will help KIS and its customers manage their risks more effectively and be mutually successful now and in the future."
For specific information regarding the KIS program, contact Jonathan Klein at 520-615-9090. For information regarding GE Insurance Solutions' program segment, contact Lois Massa, Vice President-Sales at 401-245-6587.
Founded in 1991, Klein Insurance Services (KIS) offers one of the most comprehensive property and casualty insurance programs in the country dedicated to the hospitality industry. Additionally, KIS inspects all properties and provides loss control reports to assist in maintaining a property's high level of protection. More information on KIS is available at www.kis-hospitality.com.
GE Insurance Solutions (NYSE:GE) is a group of companies that protects people, property and reputations. With more than $50 billion in combined assets, GE Insurance Solutions is one of the world's leading providers of commercial insurance, reinsurance and risk management services. Combining deep practical risk expertise with GE's legendary business acumen, our dedicated professionals in offices around the globe help customers understand and manage risk more effectively. More information is available at www.geinsurancesolutions.com.
Contacts
GE Insurance Solutions
John Novaria, 816-448-7608
[email protected]
Jeff Wilson
GE Capital Corporate Finance
[email protected]
1-203-749-6340