Latest News
Pawnbrokers Program Now Considers Check Cashing Operations
Allied American Underwriters (AAU) announced that their Pawnbroker's Program can now consider check cashing operations that are incidental to pawnbroker businesses. Read more >>
This is the latest expansion to this national program which considers a variety of pawnbrokers including those with the sale of firearms.
AAU Announces New Exclusive Pawnbrokers Program
Allied American Underwriters (AAU), a subsidiary of USG Holding, announced the launch of a new exclusive pawnbrokers program today. Read more >>
Targeted classifications include the sale of guns, firearms, ammunition, high value collectables, jewelry, and art. This program is available in all states with a $2500 minimum premium.
Available coverages include property, casualty, products liability including guns, firearms, and ammunition, hired & non-hired auto, business income/extra expense, inventory (owned and pawned), travel (local & national), exhibitions, money locked safes, show windows, employee dishonesty, auto pawn stock, shipments (air, international, and registered mail), employee benefits liability.
"We are excited to offer a competitive and broad product to the pawnbroker industry. We are confident our expansive coverage, aggressive pricing, and commitment to service will ensure AAU's success with this exclusive program," said Troy Fornof, Director of Branch Operations.
AAU is a program manager offering commercial and personal lines. Headquartered in Canonsburg, PA, AAU is a subsidiary of USG Holding headquartered in Tampa, FL with 14 offices nationwide. This move is the most recent change that USG Holding has implemented in its plan to expand operations nationwide and continue to provide innovative solutions for the risk management industry.
For more information on the pawnbrokers program, to apply for coverage, or to find out more about Allied American Underwriters contact Troy Fornof, Director of Branch Operations, tfornof@aauins.com or 724.754.9004.
Surety Bonds Now Available in Pennsylvania
AAU is pleased to announce our new surety bond assistance program in Pennsylvania. Read more >>
This program is available to businesses that have been unable to obtain surety bonds through normal commercial channels; this may be due to financial deterioration in the economy or a new company with no prior background/experience. Our appetite is diverse including commercial surety, payment, contract & performance, fidelity/dishonesty bonds, environmental, medicare & medicaid, third party fidelity, and worker's comp paid loss retro. Attached is a pdf overview of these products or you can click the link below to view our website on bonds. USG is an authorized agent of the U.S. Small Business Administration (SBA) Surety Bond Guarantee Program, providing surety bond credit up to $5 million. Other underwriting tools include Funds Control and Collateral Agreements to secure surety credit. Financial statements prepared on a compilation basis are acceptable, a review or full audit is not necessary in most circumstances.
Surety Bonds Now Available in Michigan
AAU is pleased to announce our new surety bond assistance program in Michigan. Read more >>
This program is available to businesses that have been unable to obtain surety bonds through normal commercial channels; this may be due to financial deterioration in the economy or a new company with no prior background/experience. Our appetite is diverse including commercial surety, payment, contract & performance, fidelity/dishonesty bonds, environmental, medicare & medicaid, third party fidelity, and worker's comp paid loss retro. Attached is a pdf overview of these products or you can click the link below to view our website on bonds. USG is an authorized agent of the U.S. Small Business Administration (SBA) Surety Bond Guarantee Program, providing surety bond credit up to $5 million. Other underwriting tools include Funds Control and Collateral Agreements to secure surety credit. Financial statements prepared on a compilation basis are acceptable, a review or full audit is not necessary in most circumstances.
USG Insurance Services, Inc.
A national wholesaler providing solutions for all lines of commercial coverage. USG works with over 260 “A” rated Admitted and Non-Admitted brokerage markets and is an MGA for 16 of the top carriers.
Allied American Underwriters
A program manager that offers programs for personal and commercial lines to USG retail agents and other distribution channels i.e.: wholesale and direct. The subsidiary includes a Personal Lines Division, a Workers’ Compensation Division, and a Program Specific Division.
Brokers Financial Services
Provides commercial premium financing for both USG agents and non-USG agents.
Innovations
A full-service marketing and advertising firm that works exclusively with the service industry. Innovations specializes in marketing insurance, banking, financial products, entertainment organizations, and industrial services.
USGRe
Provides reinsurance for programs/special risks. This includes providing backing for AAU programs.
AAU Financial Group
The first financial services wholesale solution designed by and for P&C agents to sell life insurance, annuities, long-term care, and disability income. With over 50 of the industry’s top carriers, considering both preferred and impaired risks.