Dear Friends of Beacon Hill,

We are off to a busy start in 2010, working to evaluate new business opportunities that come through the door, as well as enhancing our service standards and office procedures. Before we jump into 2010 news, we would like to share some of last year’s results with you.

In 2009, Beacon Hill:

• Bound 2,020 accounts (55.57% of accounts handled)
• Renewed 80.5% of accounts
• Bound 32% of new business

Thank you for helping to make these numbers possible. We look forward to another successful year with you! Please contact us if you have any questions or would like to discuss a specific account.

Bill Pritchard Featured in American Agent & Broker’s Article ‘Blurring the Lines’

Beacon Hill’s President, Bill Pritchard, was featured in American Agent & Broker’s 2009 Review & Outlook article “Blurring the Lines,” which highlights several national wholesale brokers, MGAs, and MGUs. These professionals were asked for their opinions on the current state of the marketplace and their predictions for 2010. Read the article.

Take the Right Steps to Help Protect Your Contractor Clients.

 PartnerOne Workers Compensation
For Asbestos Abatement and Fire & Water Restoration Contractors

Need a better Workers Comp solution for your specialty contractor clients? Beacon Hill Associates, Inc. has the answer. We offer an exceptional Workers Compensation product tailored especially for Fire & Water Restoration and Asbestos Abatement Contractors.

PartnerOne Workers Compensation is an excellent alternative to other Workers Comp Programs. Provided by a family of A+ rated carriers, it is designed, rated, and underwritten by insurance professionals who understand the abatement and fire restoration industries. Instead of forced placement in the assigned risk pool, you can bring your client a carrier that wants their business, not one that has to take it. What does this mean for you? A happy insured, more control over your business, and ultimately, increased revenue.

Premiums start as low as $2,500. Learn about our submission requirements.

Beacon Hill’s Service Department

Just a friendly reminder that we now have a support department specifically devoted to handling service issues for your accounts. This has given us the ability to provide more focused attention to service-specific items, including: mid-term changes, notices of cancellation (NOC), rescission letters, endorsements, audits, premium finance agreements, certificates, and other general servicing issues.

If you need assistance on any of the above issues, send your request/question to our service department at service@b-h-a.com and it will be handled immediately.

For more information, contact Shelly Kidwell at 1-800-596-2156.

Check Out Some of our Recent Workers Comp Successes!

• Beacon Hill added Workers Compensation to an existing renewal; Abatement Contractor with $260,000 in receipts. The insured was able to save approximately $1,700 over the incumbent carrier.
• $3.4M Asbestos Abatement Contractor with associated restoration services and $1M in payrolls. Purchased a Workers Compensation policy for $42,000 in premium.
• Added a companion Workers Comp policy to an existing renewal; An Asbestos Abatement and Mold Remediation Contractor with $320,000 in receipts. The insured purchased a policy with $1M/$1M/$1M Employers Liability limits, saved premium, and was able to move the account from the State Workers Comp Program.
• Asbestos Abatement Contractor with $500,000 in payroll purchased a PartnerOne Workers Compensation policy for $47,500.

Other Recent Success Stories:

• Large environmental contractor; the agent manages the General Liability and Auto. Beacon Hill placed Contractors Pollution Liability, E&O, Excess, and Property. Total premium was $250,000+.
• Established environmental laboratory looking for professional and pollution liability. Insured purchased a combined Contractors Pollution Liability/E&O policy, with $1M/$2M limits, and a $5,000 deductible for $16,332 based on $15M in revenues via our PartnerOne Underwriting Division.
• Environmental contractor performing soil and groundwater remediation needed better coverage than their expiring package. The insured purchased General Liability/Contractors Pollution Liability including blanket Transportation Pollution Liability for $4,812 based on $500,000 in revenues.
• A transporter of medical equipment purchased Transportation Pollution Liability coverage including low-level radioactive waste for $9,000.
• Liquid waste removal company renewing a General Liability/Contractors Pollution Liability/Transportation Pollution Liability policy; Beacon Hill’s PartnerOne Environmental underwriting division was able to turn around a quote within one day that was comparable to expiring. The premium was $17,900.
• Waste water sewer authority purchased Site Pollution coverage with clean-up coverage and Products Pollution coverage for bio-solid waste being used a fertilizer. The premium was $22,000.