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Program Business Profile: Going Up

JM Associates/Burnham + Co., a Division of HUB International Northeast, partnered with The Hartford to create a general liability program for elevator contractors, inspectors, consultants (excluding E&O), manufacturers and distributors. Here, Vice President John Tateossian discusses the programs origins, how it is administered and the complex exposuresand necessary coverfor those...

By Shawn Moynihan | Updated on October 01, 2013

JM Associates/Burnham + Co., a Division of HUB International Northeast, partnered with The Hartford to create a general liability program for elevator contractors, inspectors, consultants (excluding E&O), manufacturers and distributors. Here, Vice President John Tateossian discusses the program’s origins, how it is administered and the complex exposures—and necessary cover—for those who work in the business of transporting human beings from floor to floor.

Q What were the market needs that were identified to support such a program, and how did The Hartford become involved?

The National Elevator Insurance Program today is actually the amalgamation of the elevator programs of JM & Associates and Burnham + Co. Burnham began providing insurance for the elevator industry in the 1970s after identifying a need in the marketplace, from both coverage and overall expertise. JM & Associates began writing elevator accounts in the 1990s. Our program today is the culmination of individual client relationships, some going back three generations, as well as consistent involvement and presence in the elevator industry. 

In our continued effort to be at the forefront of providing insurance to the elevator industry, we began our partnership with The Hartford in 2012. After 40 years of creating comprehensive insurance and risk management products to the elevator industry, we were excited about embarking in a new partnership with a reputable and valued insurance carrier.

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Shawn Moynihan

Shawn Moynihan

Shawn Moynihan is Editor-in-Chief of National Underwriter Property & Casualty. A St. John’s University alum, Moynihan has earned 11 Jesse H. Neal Awards, the Pulitzers of the business press; seven Azbee Awards, from the American Society of Business Press Editors; two Folio Awards; and a SABEW award, from the Society of American Business Editors & Writers. Prior to joining ALM, he served as Managing Editor/Online Editor of journalism institution Editor & Publisher, the trade bible of the newspaper industry. Moynihan also has held editorial positions with AOL, Metro New York, and Newhouse Newspapers. He can be reached at [email protected].

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