Agency Specialty Product Network Forms New Strategic Alliance With Midwest Employers Casualty Company
30 Agosto 2007 - 7:00PM
PR Newswire (US)
Alliance provides superior workers' compensation program to
independent agents and brokers in Midwestern states CHICAGO, Aug.
30 /PRNewswire-FirstCall/ -- Agency Specialty Product Network
(ASPN) today announced it has formed an alliance with Midwest
Employers Casualty Company (MECC), based in Chesterfield, Missouri,
to offer large deductible workers' compensation programs (single
and multi-state, where such products are not prohibited or
restricted by state law) and services to clients of independent
agents and brokers in specific Midwestern states, including
Illinois, Iowa, Minnesota, Nebraska, North Dakota, South Dakota,
and Wisconsin. (Logo:
http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO) Patrick
Rastiello, president and CEO of ASPN said, "Our alliance with
Midwest Employers Casualty Company allows us to offer a unique
large deductible workers' compensation product to independent
agents and brokers in certain Midwestern states. MECC is a quality
company that provides excellent service and superior technical
capabilities. As part of the W.R. Berkley Group-one of the nation's
premier insurance groups and a "Fortune 500" company-MECC offers
financial stability and a solid "A" rating from A.M. Best. We
expect this to be a successful relationship between our two
companies." Midwest Employers Casualty Company's single-market
focus on workers' compensation, coupled with its depth of industry
knowledge and experience, has resulted in the creation of
comprehensive services that help clients manage and monitor
workers' compensation losses. These services include: -- A
Management View Report (MVR) that provides clients with a strategy
to create a "best practice" workers' compensation program,
including improved financial results, a healthier workforce,
greater productivity, enhanced employee morale and a sustainable
competitive advantage. -- Claims consulting to assist clients and
their TPAs with minimizing the cost of the client's most expensive,
complex claims. Our claim analysts are the best in the business and
act as a resource for clients to develop a "best practice" approach
to claims management. -- Access to MECC's online safety management
tools that help clients manage workers' absences and implement
optimal safety programs. Donna Knowling, MECC senior vice
president, said, "Workers' compensation is all we do, so we bring
much experience and expertise to the table. Where we really stand
out is our commitment to service and working with clients to
improve their workers' compensation programs and reduce their total
cost of risk." About Midwest Employers Casualty Company (MECC) For
more than 20 years, MECC has provided workers' compensation excess
insurance products-including self-insured excess, large deductible
and reinsurance programs-to individual employers and groups across
the country. MECC is committed to helping clients achieve best
practice results in their workers' compensation programs. MECC has
an A.M. Best rating of A+ (Superior) in the Financial Size
Category: XV ($2 billion or more). For an overview of services
offered by MECC, go to http://www.mwecc.com/ or call
+1.877.975.2667. About ASPN Agency Specialty Product Network
Insurance Services, Inc. (ASPN) is a unit of Aon Corporation
(NYSE:AOC) and operates as a marketing arm for more than 30
provider companies, including insurance carriers, wholesalers,
managing general underwriting (MGUs) and specialty operations.
ASPN's goal is to help independent agents and brokers grow, prosper
and more effectively meet their clients' needs. Through ASPN,
agents can access a wide array of more than 450 superior insurance
products, programs and services. To access this wide range of
products and services, call ASPN at +1.877.ASK.ASPN
(+1.877.275.2776) or visit the website at http://www.askaspn.com/.
ASPN contact: Shellie Granzow, Marketing Specialist, 312.381.2918,
. Art Slawson, Vice President and Regional Manager, 630.997.1750, .
This press release contains certain statements related to future
results, or states our intentions, beliefs and expectations or
predictions for the future which are forward-looking statements as
that term is defined in the Private Securities Litigation Reform
Act of 1995. These forward-looking statements are subject to
certain risks and uncertainties that could cause actual results to
differ materially from either historical or anticipated results
depending on a variety of factors. Potential factors that could
impact results include: general economic conditions in different
countries in which we do business around the world, changes in
global equity and fixed income markets that could affect the return
on invested assets, fluctuations in exchange and interest rates
that could influence revenue and expense, rating agency actions
that could affect our ability to borrow funds, funding of our
various pension plans, changes in the competitive environment, our
ability to implement restructuring initiatives and other
initiatives intended to yield cost savings, our ability to
successfully execute strategic options for our Combined Insurance
subsidiary, the impact of current, pending and future regulatory
and legislative actions that affect our ability to market and sell,
and be reimbursed at current levels for, our Sterling subsidiary's
Medicare Advantage health plans, changes in commercial property and
casualty markets and commercial premium rates that could impact
revenues, changes in revenues and earnings due to the elimination
of contingent commissions, other uncertainties surrounding a new
compensation model, the impact of investigations brought by state
attorneys general, state insurance regulators, federal prosecutors,
and federal regulators, the impact of class actions and individual
lawsuits including client class actions, securities class actions,
derivative actions, ERISA class actions, the impact of the analysis
of practices relating to stock options, the cost of resolution of
other contingent liabilities and loss contingencies, and the
difference in ultimate paid claims in our underwriting companies
from actuarial estimates. Further information concerning the
Company and its business, including factors that potentially could
materially affect the Company's financial results, is contained in
the Company's filings with the Securities and Exchange Commission.
http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO
http://photoarchive.ap.org/ DATASOURCE: Agency Specialty Product
Network CONTACT: Shellie Granzow, Marketing Specialist,
+1-312-381-2918, , or Art Slawson, Vice President and Regional
Manager, +1-630-997-1750, , both of Agency Specialty Product
Network Web site: http://www.askaspn.com/ http://www.aon.com/
http://www.mwecc.com/
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