Why Changing Insurance Company's May Help Your Business

Why Changing Insurance Company's May Help Your Business

August 1, 2019  |  Business Insurance

After a more than 10 year relationship with Indiana Lumbermens Mutual Insurance (ILM) that was followed by Pennsylvania Lumbermens Mutual Insurance (PLM)  the WPMA board of directors decided it was in the best interest of the members to make a change.

The WPMA is proud to endorse Federated Insurance Companies as our exclusive provider of risk management programs that are specifically tailored to each individual member's needs.  Federated is rated A+ (Superior) by A.M. Best® and once again has been named to the Ward's 50® Top Performers list.  

The reason that Federated was selected is that they are able to offer members many special coverages that have not previously been available.  Offerings include Commercial Property, General Liability, Workers Compensation, Commercial Auto, Commercial Umbrella, Errors and Omissions, Environmental Liability, Life/Disability/Annuity, and Surety coverage.

Many woodworking companies have told us they are receiving substantial savings on their premiums and are extremely happy with the added coverages available.  Federated feels their value is measured by the success of their clients.

Since 1929 one of the primary missions of the WPMA has been to help members increase profitability and be able to be more competitive in the global marketplace.  By partnering long-term with Federated Insurance, it is felt that WPMA members will be able to benefit long-term from this relationship.

For more information contact:

Philip Bibeau, Executive Director