Frederick Mutual Enters Strategic Alliance with Forge Insurance

FOR IMMEDIATE RELEASE

Frederick Mutual Insurance Company is proud to announce its strategic alliance with Forge Insurance. Frederick Mutual was founded in 1843 and is one of the oldest, continuously operating, mutual insurance companies in the country. Frederick Mutual’s flagship businessowners policy, known as Secure BOP®, is marketed by independent agents throughout the Mid-Atlantic. Forge Insurance is a leading commercial auto specialist providing small business customers protection for their business vehicles across 20 states.

An Alliance

Currently, Frederick Mutual offers commercial auto coverage in Maryland and Pennsylvania only and, through this alliance, Frederick’s agents will also be able to write commercial auto insurance in Virginia, Washington DC, and the other states in which Forge offers its coverages. This strategic alliance will also enable current Forge commercial auto producers and customers to access Fredrick Mutual’s Secure BOP product within applicable artisan contractor business classes. By pairing Frederick Mutual’s unique Secure BOP product with Forge’s Small Business auto product, this alliance serves to benefit contractors with insurance coverage that is broad, competitive, and tailored to this niche class of business.

This alliance expands the ability for Frederick Mutual, Forge Insurance, and their independent agents and producers, to provide an efficient and comprehensive coverage proposal for small business customers. The collaboration efforts here underscore technology investments and advancements made by the companies that focus on providing a superior customer service experience to our mutual customers and producers.

“This alliance supports our overall business and growth strategy, and provides our agents with a valuable commercial automobile market to round out their account offerings.” Nancy Newmister, President & CEO, Frederick Mutual Insurance Company

“We are excited to give new and existing insurance agencies the ability to offer a more complete set of commercial insurance solutions on small business accounts. Frederick’s Secure BOP offering will be a natural fit alongside the Forge commercial auto product, and we are grateful for the opportunity to share the news with our distribution partners.” Brian Mancino, SVP-Distribution, Forge Insurance

About Forge Insurance

Forge Insurance is a leading commercial auto insurer specialist in the small business category. Since 1938, Forge Insurance has been protecting customers in the DC metro area with competitive commercial auto coverage. Over the past 10 years, Forge Insurance has grown and now offers its product in more business classes across 20 states.

About Frederick Mutual Insurance Company

Founded on December 15, 1843, Frederick Mutual has continuously operated for 181 years as a mutual insurance company serving policyholders, initially in Maryland; and subsequently expanding the operating territory into Pennsylvania, Virginia, Delaware, D.C., and North Carolina. Frederick Mutual provides competitive coverage for small businesses. Frederick Mutual works with respected local independent agents who share their values.