A Territory Update

I hope all of our agency partners along the Gulf Coast are staying safe during the recent storms. It seems like this is the hurricane season that won’t end. If you or your customers need help with storm preparation or claims, check out our hurricane preparedness resources.

In case you missed the email a few weeks ago, Dave Dietz, our Senior Vice President of Core Business, announced some significant underwriting changes that are effective immediately, as well as changes that are coming soon. These are significant changes that highlight our focus on being easier to do business with. If you missed his email, you can view it here:

Let’s Work Together

GuideOne is proud to provide specialized products for the niche markets you serve. Together, we can help make a positive impact in the communities we know and love. I encourage you to review our appetite for Nonprofit & Human Services organizations and K-12 private and charter schools. To discuss any nonprofit & human services or school account, please feel free to reach out to me or Ann Carruthers.

As always, please feel free to contact me with any questions at 601-407-7270 or JBlakeney@guideone.com.

Thank you,

Joey

GuideOne Expands BOP for Small Churches

Further demonstrating our commitment to supporting small churches, we are expanding our Business Owner’s Policy (BOP) eligibility with three enhancements for small churches. These enhancements will be available in the BOP Portal on Oct. 17, 2020 for policies with effective dates on or after Nov. 1, 2020.

Enhancements include: 

• Increase property Total Insured Value (TIV) less than/or equal to $5 million per building (building value + contents value)
• Allow for up to five locations
• Ability to write property in all protection classes, including 8, 9 and 10

By selecting a BOP for small churches, you have the ability to rate, quote and bind eligible policies quickly and easily. In addition, a BOP is a great option for a small church that is looking for a more economical suite of coverages to meet their unique needs – especially during these turbulent times.

Watch for additional coverages in early 2021 that will create eligibility for church headquarters and daycare operations, as well as expanded property and inland marine coverages.

GuideVantage in Focus

Preferred Claims & Risk Mitigation Vendors

We know that the best laid plans can be turned upside down in a split second. Severe storms, frozen/bursting pipes and water leaks, electrical fires, and injuries on premises are all examples of unplanned events that can result in significant damage to property and people, resulting in costly insurance claims. Through GuideVantage’s Preferred Claims & Risk Mitigation Vendors, your customers have access to top risk management vendors who offer free or significantly discounted services and resources when the unexpected occurs.

Here are just a few of these resources focused on helping your customers stay-claim-free as well as helping them better manage and mitigate their risks.

GC3 — Rebuild with Confidence

GuideOne’s construction company, GC3, specializes in reconstruction projects for large loss commercial insurance policies. They have built a best-in-class business over the past 30 years and have recently expanded their market expertise to include Industrial Agribusiness, Restaurant Franchises, and Commercial Multi-Unit Properties, in addition to their traditional model of Faith Based and University projects. GC3 offers targeted solutions ranging from loss consulting and inspections to full restoration projects for GuideOne customers in the wake of natural disasters and other serious loss events.

Cybersecurity: How to #BeCyberSmart

October is Cybersecurity Awareness Month, and our Information Security Analyst shared a few tips to help businesses and organizations #BeCyberSmart. Pass them along to help keep your customers protected from today's cyber risks:

Coming Soon: New Policyholder Billing Center

As part of our effort to be easy to do business with, GuideOne is implementing digital premium payment capabilities through its new BillingCenter – set to launch in fourth quarter 2020 for new business and first quarter 2021 for renewal business.

Using BillingCenter for inbound and outbound payments processing, our policyholders will be able to quickly send and receive payments with ease and confidence. Expanded premium processing capabilities will include credit and debit cards, instant digital payments and ACH, as well as checks. The new system also allows for real-time, event-based messaging and comprehensive security and compliance across all payment channels.

We are excited to offer these options and efficiencies to our policyholders that are aimed at improving their user experience and ease of doing business with GuideOne.

Watch GuideOne Monthly for more information as we get closer to implementing BillingCenter.