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Program Updates at UIP

IST Magazine by IST Magazine
November 2, 2020
in News
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PHOENIX, AZ – The team at Universal Insurance Programs (UIP) is constantly looking out for their clients’ best interests. They are excited to announce some program changes and enhancements that will leave your business more adequately protected.

“We have witnessed changes to your industry and in the way businesses like yours have grown; these changes come with additional risk characteristics and loss exposure,” states UIP President, Randy Tipton. “Over the past few years, the insurance marketplace has started to harden toward your industry by reducing the carriers available and imposing stricter underwriting standards. Because of these developments, we feel the standard insurance policy available in the marketplace is no longer able to provide adequate coverage to protect your changing business.”

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With a focus on being a premier provider of insurance products, UIP has developed a relationship with a new partner, Crum & Forster Insurance Company (C&F), who they believe will keep their clients best protected while keeping the premiums affordable. Jenny Bortman, UIP Vice President, shares, “We have found the culture and philosophy embedded within C&F to meet our high carrier standards and to be in the best long-term interest of our clients. Together, we have developed the most comprehensive non-admitted insurance product available to your industry backed by the superior financial strength of C&F (AM Best Rated A XIII).”

“UIP continues to be ‘Relentlessly Loyal’ to our customers and to our industry,” Tipton adds. “On behalf of everyone at Universal, we appreciate your continued loyalty!”

The new program’s service and coverage enhancements include:

  • Faster turnaround time
  • Stabilized Rates
  • Streamlined processes
  • Broader Business Income Coverage
  • Various Property Enhancements
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