February, 2007
 

New & More Aggressive Package Markets at Lemac & Associates
 

Los Angeles, CA … Lemac & Associates has new & improved Package (Property, B&M, Crime, and GL) markets, according to a recent announcement by William Newton, President and CEO.

New & Improved Package Market
Lemac’s select “A” rated carriers are aggressively quoting package business including Property, Machinery Breakdown, Crime and General Liability with large capacity for condominiums, townhouses, apartments, shopping centers, retail stores, distribution centers and a host of other classes and offering very competitive rates.  Along with construction capabilities, Lemac has the ability to take accounts from COC to Finished Project Insurance.

Coverage is available in all states with minimum premiums as low as $2500. With Property limits of $100,000+ and deductibles as low as $2,500, agents and brokers will find it easy to write coverage for single or multiple locations with no limit on Total Insurable Value. Valuation is Replacement Cost, agreed amount. General Liability limits include: $1,000,000 per occurrence, $2,000,000 general aggregate, $1,000,000 on Products and Completed Operations, and $50,000 on fire damage. Lemac can also write up to $1,000,000 on Personal and Advertising injury, $5,000 Medical Expense and $1,000,000 on hired non-owned auto. Depending on the risk, Crime, Machinery Breakdown and Excess General Liability are also available.

For more information about the improved package markets from Lemac & Associates, agents and brokers are invited to contact their Lemac account representative or John Sorrell direct at (323) 932-5713, jsorrell@lemacassociates.com.

About Lemac & Associates
Lemac & Associates has been in business since 1984 and operates as a wholesale broker and managing general agency. As one of the west’s largest wholesalers, Lemac is a one-stop resource offering an extensive line of commercial insurance products including Liability, Workers’ Compensation, Property, Earthquake/DIC, D&O, Professional Liability, Environmental and small accounts through its General Agency Division.

In 2006, Lemac joined forces with Risk Placement Services Inc., becoming a major division in one of the top wholesale networks in the world and expanding their market clout and capabilities to an unmatched level.  

Lemac & Associates is headquartered at 5670 Wilshire Blvd, Suite 1200, Los Angeles, CA 90036 with an additional office in Orange, CA. www.lemacassociates.com