Precision Manufacturing Insurance Program

Paragon management has been providing insurance solutions to precision manufacturers for over 20 years. We have partnered with an A+XV carrier to offer, what we believe is, the most comprehensive insurance coverage in the marketplace today. Targeted classes include Machinery Parts Mfg., Pipe & Tube Mfg., Plastic Injection Molding, Rubber Mfg., Abrasive JET Machining, and many, many more.

Coverage Highlights

 

Coverage Available

  • Property
  • General liability
  • Inland Marine
  • Crime
  • Cyber Liability
  • Auto
  • Workers Compensation
  • Excess
  • Manufacturing Error & Omissions

Also Available

  • D & O
  • ELPI
  • Fiduciary Liability

Coverage Details

  • $100M in house property capacity
  • Comprehensive Property Broadening Endorsement
  • Comprehensive General Liability Broadening Endorsement
  • Up to $10MM in Following Form Excess Liability
  • Manufacturing E&O available for eligible classes
  • Target premium size $10,000 - $500,000
  • ISO base products
  • Competitive pricing
  • Flexible direct billing options

Geographic Availability

Available in the following states:  Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Georgia, Indiana, Iowa, Kentucky, Maine, Maryland, Michigan, Minnesota, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, Nevada, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, West Virginia, Wisconsin.

Available soon:  Virginia, New York, Massachusetts, Illinois, Kansas, Washington, Florida, Oklahoma.

Submission Requirements

  • ACORD Apps
  • PIH Supplemental App
  • 5 years hard copy loss runs valued within 90 days of the effective date
  • Details on losses excess of $50K
  • WC only – 5 years of experience mod history and modification sheets (if available)
  • Financials on accounts greater than $300,000 premium
  • Appointed sub-producers send submissions via email to PIHMFG@paragoninsgroup.com

Contact

Ken Kaufman
Business Development Manager
858-689-3827
kkaufman@paragoninsgroup.com

Contact us today to learn how partnering with Paragon can make you more productive and successful.